Phillips Edison (NASDAQ: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.
Earnings
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.
Past Earnings Performance
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.