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Phillips Edison & Company, Inc. Q2 2024 Earnings Report

Phillips Edison & Company, Inc. logo
$36.95 -0.51 (-1.36%)
(As of 05:42 PM ET)

Phillips Edison & Company, Inc. EPS Results

Actual EPS
$0.12
Consensus EPS
$0.60
Beat/Miss
Missed by -$0.48
One Year Ago EPS
$0.59

Phillips Edison & Company, Inc. Revenue Results

Actual Revenue
$161.52 million
Expected Revenue
$156.29 million
Beat/Miss
Beat by +$5.23 million
YoY Revenue Growth
+6.20%

Phillips Edison & Company, Inc. Announcement Details

Quarter
Q2 2024
Time
After Market Closes

Conference Call Resources

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Phillips Edison & Company, Inc. Earnings Headlines

Phillips Edison to host business news update conference call
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Phillips Edison price target raised to $41 from $39 at Mizuho
Phillips Edison & Company Rings the Closing Bell
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About Phillips Edison & Company, Inc.

Phillips Edison & Company, Inc. (NASDAQ:PECO) (PECO) is one of the nation's largest owners and operators of omni-channel grocery-anchored shopping centers. Founded in 1991, PECO has generated strong results through its vertically-integrated operating platform and national footprint of well-occupied shopping centers. PECO's centers feature a mix of national and regional retailers providing necessity-based goods and services in fundamentally strong markets throughout the United States. PECO's top grocery anchors include Kroger, Publix, Albertsons and Ahold Delhaize. As of December 31, 2023, PECO managed 301 shopping centers, including 281 wholly-owned centers comprising 32.2 million square feet across 31 states and 20 shopping centers owned in one institutional joint venture. PECO is exclusively focused on creating great omni-channel, grocery-anchored shopping experiences and improving communities, one neighborhood shopping center at a time.

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