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

Phillips Edison & Company

02/05/2023 23:21

* Phillips Edison & Co Inc  PECO.OQ  reported quarterly
adjusted
earnings of 14 cents​​ per share for the quarter ended in March.
The mean expectation of six analysts for the quarter was
for earnings of 11 cents per share.
    * Revenue rose 6.3% to $151.06 million from a year ago;
analysts
expected $146.01 million. 
    * Phillips Edison & Co Inc's reported EPS for the quarter
was 14
cents​.
    * The mean earnings estimate of analysts had risen by
about 0.8%
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 fallen by 3.8% this
quarter and lost 1.4% so far this year.
    * The company reported quarterly net income of $16.62
million.
    * Wall Street's median 12-month price target for Phillips
Edison &
Co Inc is $36.50 
    * 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 from LSEG Refinitiv data May
2 at 10:21 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.57           0.59           Beat
 Dec. 31 2022      0.55           0.56           Beat
 Sep. 30 2022      0.55           0.58           Beat
 Jun. 30 2022      0.55           0.56           Beat