Phillips Edison & Co Inc expected to post earnings of 8cents a share - Earnings Preview

Phillips Edison & Company

08/02/2023 02:20

* Phillips Edison & Co Inc  PECO.OQ   PECO.O  is expected
to show
a rise in quarterly revenue when it reports  results on February
9. 
    * The Cincinnati Ohio-based  company is expected to report 
a
0.4% increase in revenue to $137.58 million from $137.06 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 8 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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 $34​, above​ its last closing price of $33.48. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2021  0.45        0.46       0.47      Beat    2.8
 ​​Sep.        0.46        0.46       0.54      Beat    18.1
 30 2021                                                
                                                        ​
 This summary was machine generated February 8 at 02:20 GMT.  All
figures in US dollars  unless otherwise stated