Phillips Edison & Company beats second-quarter FFO estimates

Earnings
โดย Zacks Investment Research·Read original
Summary · why it matters

Phillips Edison & Company reported quarterly funds from operations of $0.69 per share, beating the Zacks Consensus Estimate of $0.68 per share and marking a 1.47% FFO surprise. The result compares to FFO of $0.64 per share a year ago and follows a previous quarter in which the company also posted $0.69 per share against a $0.67 estimate. Revenue for the quarter ended June 2026 came in at $189.62 million, missing the consensus estimate by 0.45% but up from $177.75 million a year earlier. The company has surpassed consensus FFO estimates in three of the last four quarters and topped revenue estimates three times over the same period. Shares have gained about 21.9% year to date, outperforming the S&P 500's 9.6% advance.

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Phillips Edison & Co Inc
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Phillips Edison & Company reported FFO of $0.69 per share, beating the Zacks Consensus Estimate of $0.68, and revenue grew year-over-year.