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Brixmor Property Group Inc (BRX): Are Hedge Funds Right About This Stock?
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Brixmor Property Group Issues Annual Corporate Responsibility Report
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Operator
Greetings, and welcome to Brixmor Property Group Inc. First Quarter 2021 Earnings Conference Call. [Operator Instructions]
It s now my pleasure to introduce your host, Stacy Slater, Senior Vice President of Investor Relations and Capital Markets. Thank you. You may begin.
Stacy Slater
Senior Vice President, Investor Relations
Thank you, operator, and thank you all for joining Brixmor s first quarter conference call. With me on the call today are Jim Taylor, Chief Executive Officer and President; and Angela Aman, Executive Vice President and Chief Financial Officer; as well as Mark Horgan, Executive Vice President and Chief Investment Officer; and Brian Finnegan, Executive Vice President, Chief Revenue Officer, who will be available for Q&A. Before we begin, let me remind everyone that some of our comments today may contain forward-looking statements that are based on certain assumptions and are subject to inherent risks and uncertainties as described in our SEC filin
Brixmor Property Group Reports First Quarter 2021 Results
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NEW YORK, May 3, 2021 /PRNewswire/ Brixmor Property Group Inc. (NYSE: BRX) ( Brixmor or the Company ) announced today its operating results for the three months ended March 31, 2021. For the three months ended March 31, 2021 and 2020, net income was $0.18 per diluted share and $0.20 per diluted share, respectively.
Key highlights for the three months ended March 31, 2021 include:
Continued improvement in rent collections, with 94.2% of billed based rent for the three months ended March 31, 2021 collected (as of April 27, 2021)
Including rent deferral and abatement agreements, total addressed billed base rent was 95.9% for the three months ended March 31, 2021 (as of April 27, 2021)
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