Phillips Edison & Co Inc expected to post earnings of 13 cents a share - Earnings Preview

Phillips Edison & Company

24/04/2024 24:39

* Phillips Edison & Co Inc  PECO.OQ   PECO.O  is expected
to show
a rise in quarterly revenue when it reports  results on April 25
for the period ending March 31 2024
    * The Cincinnati Ohio-based  company is expected to report a
4.5% increase in revenue to $157.797 million from $151.06
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Phillips Edison & Co Inc
is
for earnings of 13 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 6
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.0%
in the last three months. ​
    * Wall Street's median 12-month price target for Phillips
Edison &
Co Inc is $39.50​, above​ its last closing price of $33.49. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.56        0.57       0.58      Beat    2.2
 Sep. 30 2023  0.58        0.58       0.58      Met     0.6
 Jun. 30 2023  0.57        0.57       0.59      Beat    3​
 Mar. 31 2023  0.58        0.57       0.59      Beat    2.8
 ​​Dec.        0.54        0.55       0.56      Beat    2.6
 31 2022                                                
 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
 This summary was machine generated April 23 at 23:39 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)