The company said it had net income of $10.5 million, or 45 cents per share.
The real estate investment trust involved mostly in shopping malls posted revenue of $56.9 million in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $57.9 million.
The company’s shares have decreased 44% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $29.53, a decrease of 47% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BFS at https://www.zacks.com/ap/BFS