Phillips Edison & Co Inc expected to post earnings of 11  cents a share - Earnings Preview

Phillips Edison & Company

29/04/2023 03:01

* Phillips Edison & Co Inc  PECO.OQ   PECO.O  is expected
to show
a rise in quarterly revenue when it reports  results on May 2. 
    * The Cincinnati Ohio-based  company is expected to report 
a
2.7% increase in revenue to $146.007 million from $142.16
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Phillips Edison &
Co Inc
is for earnings of 11 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 6
"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 $36.5​, above​ its last closing price of $31.54. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  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. 31 2022  0.52        0.52       0.56      Beat    8
 ​​Dec.        0.45        0.46       0.47      Beat    2.8
 31 2021                                                
 Sep. 30 2021  0.46        0.46       0.54      Beat    18.1​
 This summary was machine generated April 29 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated