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

Phillips Edison & Company

10/02/2023 03:24

* Phillips Edison & Co Inc  PECO.OQ  reported quarterly
adjusted
earnings of 12 cents​​ per share for the quarter ended in
December. The mean expectation of four analysts for the quarter
was for earnings of 8 cents per share.
    * Revenue rose 5.8% to $145.04 million from a year ago;
analysts
expected $137.58 million. 
    * Phillips Edison & Co Inc's reported EPS for the quarter
was 12
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.7%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Phillips Edison & Co Inc shares had risen by 3.9% this
quarter.
    * The company reported quarterly net income of $13.68
million.
    * Wall Street's median 12-month price target for Phillips
Edison &
Co Inc is $34.00 
    * 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." 

This summary was machine generated from Refinitiv data February
10 at 03:24 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.55           0.56           Beat
 Sep. 30 2022      0.55           0.58           Beat
 Jun. 30 2022      0.55           0.56           Beat
 Mar. 31 2022      0.52           0.56           Beat