Brandywine Realty Trust Reports Full-Year 2023 Results
Ticker: BDN · Form: 8-K · Filed: Feb 1, 2024 · CIK: 790816
| Field | Detail |
|---|---|
| Company | Brandywine Realty Trust (BDN) |
| Form Type | 8-K |
| Filed Date | Feb 1, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: earnings, financial-results, real-estate
TL;DR
**BDN just dropped its full-year 2023 results, time to see how they performed!**
AI Summary
Brandywine Realty Trust (NYSE: BDN) filed an 8-K on February 1, 2024, reporting its full-year 2023 results for the period ending December 31, 2023. This filing indicates the company is providing an update on its financial performance, which is crucial for investors to assess the company's profitability and operational health over the past year. This matters to shareholders because it offers transparency into the company's financial standing, influencing future stock performance and investment decisions.
Why It Matters
This filing provides investors with the latest financial performance data for Brandywine Realty Trust, allowing them to evaluate the company's health and make informed investment decisions.
Risk Assessment
Risk Level: low — This is a routine filing for reporting financial results, which provides transparency rather than introducing new risks.
Analyst Insight
Investors should review the full financial statements and results of operations once they become available to understand the company's performance and future outlook.
Key Players & Entities
- BRANDYWINE REALTY TRUST (company) — registrant filing the 8-K
- BRANDYWINE OPERATING PARTNERSHIP, L.P. (company) — co-registrant filing the 8-K
- January 31, 2024 (date) — date of earliest event reported
- December 31, 2023 (date) — end of the reporting period for results of operations
- 001-9106 (number) — Commission file number for Brandywine Realty Trust
- 000-24407 (number) — Commission file number for Brandywine Operating Partnership, L.P.
FAQ
What is the purpose of this 8-K filing by Brandywine Realty Trust?
The purpose of this 8-K filing is to report the 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits' for Brandywine Realty Trust and Brandywine Operating Partnership, L.P., with the earliest event reported on January 31, 2024.
Which period do the reported 'Results of Operations and Financial Condition' cover?
The reported 'Results of Operations and Financial Condition' cover the period from January 1, 2023, to December 31, 2023, as indicated by the '2023-01-01 2023-12-31' tag in the filing.
What is the business address of Brandywine Realty Trust?
The business address of Brandywine Realty Trust is 2929 Arch Street, Suite 1800, Philadelphia, PA 19104.
What is the telephone number for Brandywine Realty Trust?
The telephone number for Brandywine Realty Trust, including the area code, is (610) 325-5600.
What is the state of incorporation for Brandywine Realty Trust and Brandywine Operating Partnership, L.P.?
Brandywine Realty Trust is incorporated in Maryland, and Brandywine Operating Partnership, L.P. is incorporated in Delaware.
Filing Stats: 661 words · 3 min read · ~2 pages · Grade level 11.3 · Accepted 2024-02-01 12:33:32
Filing Documents
- bdn-20240131.htm (8-K) — 35KB
- bdnearningsrelease-ex991q4.htm (EX-99.1) — 323KB
- image_0a.jpg (GRAPHIC) — 68KB
- 0000790816-24-000004.txt ( ) — 655KB
- bdn-20240131.xsd (EX-101.SCH) — 3KB
- bdn-20240131_def.xml (EX-101.DEF) — 17KB
- bdn-20240131_lab.xml (EX-101.LAB) — 33KB
- bdn-20240131_pre.xml (EX-101.PRE) — 17KB
- bdn-20240131_htm.xml (XML) — 4KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition The information in this Item 2.02 - "Results of Operations and Financial Condition," including the press release attached as an exhibit to this Current Report, is being furnished and shall not be deemed to be "filed" for any purpose, including for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that Section, and shall not be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act regardless of any general incorporation language in such filing. On January 31, 2024 , we issued a press release announcing our financial results for the year ended December 31, 2023. That press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein. The press release includes "non-GAAP financial measures" within the meaning of the Securities and Exchange Commission's Regulation G. With respect to such non-GAAP financial measures, we have disclosed in the press release the most directly comparable financial measure calculated and presented in accordance with generally accepted accounting principles ("GAAP") and have provided a reconciliation of such non-GAAP financial measures to the most directly comparable GAAP financial measure.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits Exhibit Description 99.1 Brandywine Realty Trust Press Release dated January 31, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
Signatures
Signatures Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. B RANDYWINE R EALTY T RUST By: /s/ Thomas E. Wirth Thomas E. Wirth Executive Vice President and Chief Financial Officer B RANDYWINE O PERATING P ARTNERSHIP , L.P. B Y : B RANDYWINE R EALTY T RUST , ITS G ENERAL P ARTNER B Y : /s/ Thomas E. Wirth Thomas E. Wirth Executive Vice President and Chief Financial Officer Date: January 31, 2024