Brandywine Realty Trust (BDN) Reports Q4 Earnings: FFO $0.08 Per Share, Revenue $121M
[Para 1: The Lead] Brandywine Realty Trust (BDN), a Philadelphia-based real estate investment trust (REIT), reported its fourth quarter earnings on Tuesday. The company's funds from operations (FFO), a key profitability measure in the REIT sector, stood at $0.08 per share, down from $0.21 per share in the same period last year. The FFO figure is $14.6 million, reflecting a loss of $0.21 per share for the quarter. [Para 2-3: Supporting details & Context] For the quarter, Brandywine reported revenue of $121 million. On an annual basis, the company's FFO was $0.51 to $0.59 per share, higher than the prior year's $0.53. Revenue for the year was $484.5 million. Shares of BDN closed at $2.82 in the final trading minutes of Tuesday, down significantly from $5.35 a year ago. The company expects its full-year FFO to be in the range of $0.51 to $0.59 per share.