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

Phillips Edison & Company

06/05/2022 18:01

* Phillips Edison & Co Inc  PECO.OQ  reported quarterly
adjusted
earnings of 9 cents​​ per share for the quarter ended in March.
The mean expectation of six analysts for the quarter was
for earnings of 8 cents per share.
    * Revenue was $142.16 million​;  analysts expected $137.32
million. 
    * Phillips Edison & Co Inc's reported EPS for the quarter
was 9
cents​.
    * The mean earnings estimate of analysts had risen by
about 18.8%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Phillips Edison & Co Inc shares had fallen by 1.1% this
quarter and gained 2.9% so far this year.
    * The company reported quarterly net income of $10.08
million.
    * Wall Street's median 12-month price target for Phillips
Edison &
Co Inc is $36.75 
    * 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." 

This summary was machine generated May 6 at 05:01 p.m.  ​All
figures in US dollars unless otherwise stated