Phillips Edison & Co Inc reports results for the quarter ended December 31 - Earnings Summary

Phillips Edison & Company

06/02/2025 22:01

* Phillips Edison & Co Inc  PECO.OQ  reported quarterly
adjusted
earnings of 15 cents​​ per share for the quarter ended December
31, higher than the same quarter last year, when the company
reported EPS of 11 cents.  The mean expectation of
seven analysts for the quarter was for earnings of 12 cents per
share. Wall Street expected results to range from 10 cents to 16
cents per share.
    * Revenue rose 12% to $173.05 million from a year ago;
analysts
expected $168.06 million. 
    * Phillips Edison & Co Inc's reported EPS for the quarter
was 15
cents​.
    * The company reported quarterly net income of $18.14
million.
    * Phillips Edison & Co Inc shares had fallen by 1.6% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.3%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the commercial
reits
peer group is also "buy"

Wall Street's median 12-month price target for Phillips Edison &
Co Inc is $41.00 
This summary was machine generated from LSEG data February 6 at
10:01 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.62           0.62           Met
 Sep. 30 2024      0.62           0.62           Met
 Jun. 30 2024      0.60           0.59           Missed
 Mar. 31 2024      0.60           0.60           Met