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Brandywine Realty Trust

BDN Real Estate Real Estate Investment Trusts
$2.95
▲ +9.3% Today
as of Oct 23, 16:46 ET
Last 30 days +0.34% Sep 14 → Oct 23
$2.50 $2.62 $2.74 $2.86 $2.98 Sep 14 Sep 22 Sep 30 Oct 07 Oct 15 Oct 23
Open
$2.93
High
$2.98
Low
$2.91
Volume
$2M
Avg Vol
$3M
Mkt Cap
$484M
P/E (TTM)
—
Beta
—
52w High
$3.76
52w Low
$2.47
Div Yield
—
Shares Out
$174M

Recent Press Releases & News last 60 days · 14 items

▸ Show all 14 press releases & news Free account →

BDN earnings at a glance

The options market is pricing a move of about ±18.2% after the report, a range of roughly $2.41 to $3.49 from today's $2.95. Over its last 6 reports the stock rose the next day 3 times and fell 3, moving ±4.1% on average; after the most recent report on Jul 22, 2026 it moved +0.0%. That means options currently expect more movement than BDN has typically delivered. BDN beat the consensus EPS estimate in 0 of its last 6 reported quarters. Implied volatility is currently 154%. The share price of $2.95 sits in the middle of its 52-week range.

More Real Estate stocks · All stocks · Earnings calendar

Overview

52-week range
$2.47
$3.76
37% of range
Avg surprise (last 6)
-13.0%
Avg reaction (last 6)
+1.2%
50% positive
Latest IV / EM
154%
EM ±18.2% · $3 · Oct 16

Earnings trends

EPS — actual vs estimate Actual Estimate
$-0.96$-0.68$-0.40$-0.11$0.17 Actual $-0.03Actual $-0.08Actual $-0.13Actual $-0.10Actual $0.17Actual $-0.96Actual $0.14Est $0.15Actual $0.15Est $0.17Actual $0.16Est $0.17Actual $0.08Est $0.15Actual $0.11Est $0.11Actual $0.13Est $0.14 MarJunSepMarJunSepMar/2025Jun/2025Sep/20258K8KJun/2026
Revenue vs Net Income Revenue Net income
$-165M$-89M$-13M$62M$138M Jun 24Sep 24Mar 25Jun 25Sep 25Mar 26

Earnings history

DatePeriodActual EPSEstSurpriseYoY %ΔDay reactSource
Wed Jul 22, 2026Jun/2026 $0.13 $0.14 -7.1% -6.7% 0.0% earnings
Thu Apr 23, 20268K 2026-04-23 $0.11 $0.11 0.0% — +0.3% earnings
Wed Feb 4, 20268K 2026-02-04 $0.08 $0.15 -46.7% — +11.7% earnings
Wed Oct 22, 2025Sep/2025 $0.16 $0.17 -5.9% — -4.2% earnings
Wed Jul 23, 2025Jun/2025 $0.15 $0.17 -11.8% — -4.6% earnings
Tue Apr 22, 2025Mar/2025 $0.14 $0.15 -6.7% — +3.7% earnings
Mon Sep 30, 2024Sep 2024 $-0.96 — — — — financials
Sun Jun 30, 2024Jun 2024 $0.17 — — — — financials
Sun Mar 31, 2024Mar 2024 $-0.10 — — — — financials
Sat Sep 30, 2023Sep 2023 $-0.13 — — — — financials
Fri Jun 30, 2023Jun 2023 $-0.08 — — — — financials
Fri Mar 31, 2023Mar 2023 $-0.03 — — — — financials
Fri Sep 30, 2022Sep 2022 $0.08 — — — — financials

Financials

Income statement (quarterly)

MetricMar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024
Revenue$127M—$121M$121M$122M—$132M$125M
Cost of revenue————————
Gross profit$75M—$76M$75M$74M—$86M$79M
Operating income$2M—$25M$-41M$15M—$-9M$19M
Net income$-49M—$-26M$-89M$-27M—$-165M$30M
EPS (diluted)$-0.28—$-0.15$-0.51$-0.16—$-0.96$0.17

Balance sheet (quarterly)

MetricMar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024
Cash & equivalents$36M$32M$75M$123M$29M$90M$36M$30M
Inventory————————
Total current assets————————
Total assets$3.59B$3.59B$3.32B$3.39B$3.42B$3.49B$3.60B$3.75B
Long-term debt$2.62B$2.56B$2.27B$2.31B$2.21B$2.21B$2.26B$2.24B
Total liabilities$2.85B$2.79B$2.47B$2.51B$2.42B$2.45B$2.49B$2.45B
Total equity$734M$793M$842M$885M$999M$1.04B$1.10B$1.30B

Implied volatility — last 90 days

27%99%172%244%316% Jun 11 — IV 282% · EM ±31.2%Jun 12 — IV 317% · EM ±32.4%Jun 19 — IV 66% · EM ±14.6%Jun 22 — IV 54% · EM ±11.3%Jun 23 — IV 62% · EM ±12.7%Jun 24 — IV 60% · EM ±12.0%Jun 25 — IV 49% · EM ±9.5%Jun 29 — IV 70% · EM ±12.3%Jun 30 — IV 73% · EM ±12.6%Jul 01 — IV 47% · EM ±7.8%Jul 06 — IV 88% · EM ±12.2%Jul 07 — IV 118% · EM ±15.6%Jul 20 — IV 27% · EM ±6.5%Jul 21 — IV 27% · EM ±6.3%Jul 22 — IV 157% · EM ±35.9%Jul 28 — IV 33% · EM ±6.7%Aug 07 — IV 159% · EM ±24.8%Sep 01 — IV 39% · EM ±6.7%Sep 04 — IV 185% · EM ±28.8%Sep 07 — IV 208% · EM ±28.8%Sep 21 — IV 57% · EM ±11.9%Sep 22 — IV 50% · EM ±10.2%Sep 23 — IV 51% · EM ±10.3%Sep 24 — IV 62% · EM ±12.2%Sep 25 — IV 82% · EM ±15.7%Sep 29 — IV 82% · EM ±14.1%Sep 30 — IV 107% · EM ±17.9%Oct 01 — IV 89% · EM ±14.4%Oct 02 — IV 92% · EM ±14.4%Oct 06 — IV 124% · EM ±16.4%Oct 07 — IV 158% · EM ±19.9%Oct 08 — IV 154% · EM ±18.2%

Sector peers

BDN earnings FAQ

What is BDN's expected move for earnings?

Options currently price a move of about ±18.2%, or $0.54 per share either way from $2.95.

How does BDN stock usually react to earnings?

Across the last 6 reports the average next-day move was ±4.1%, up 3 times and down 3 times.

What is BDN's implied volatility?

BDN's at-the-money implied volatility is about 154% based on the latest options snapshot.

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