Phillips Edison: Q4 Earnings Insights

Phillips Edison PECO reported its Q4 earnings results on Thursday, February 8, 2024 at 04:15 PM.

Here's what investors need to know about the announcement.

Phillips Edison beat estimated earnings by 10.0%, reporting an EPS of $0.11 versus an estimate of $0.1.

Revenue was up $9.41 million from the same period last year.

Last quarter the company missed on EPS by $0.01 which was followed by a 2.27% drop in the share price the next day.

Here's a look at Phillips Edison's past performance:

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	0.11	0.10	0.11	0.08
EPS Actual	0.10	0.12	0.14	0.12
Revenue Estimate	151.56M	147.08M	146.01M	137.58M
Revenue Actual	152.47M	152.14M	151.06M	145.04M

To track all earnings releases for Phillips Edison visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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