Phillips Edison & Co Inc expected to post earnings of 10  cents a share - Earnings Preview

Phillips Edison & Company

29/07/2023 02:21

* Phillips Edison & Co Inc  PECO.OQ   PECO.O  is expected
to show
a rise in quarterly revenue when it reports  results on August
1. 
    * The Cincinnati Ohio-based  company is expected to report 
a
3.2% increase in revenue to $147.081 million from $142.52
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Phillips Edison &
Co Inc
is for earnings of 10 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 8
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Phillips
Edison &
Co Inc is $34​, below​ its last closing price of $34.59. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.58        0.57       0.59      Beat    2.8
 Dec. 31 2023  0.54        0.55       0.56      Beat    2.6
 Sep. 30 2022  0.55        0.55       0.58      Beat    5.2​
 Jun. 30 2022  0.55        0.55       0.56      Beat    2.5
 ​​Mar.        0.52        0.52       0.56      Beat    8
 31 2022                                                
 Dec. 31 2021  0.45        0.46       0.47      Beat    2.8​
 Sep. 30 2021  0.46        0.46       0.54      Beat    18.1
 This summary was machine generated July 29 at 01:21 GMT.  All
figures in US dollars  unless otherwise stated