Phillips Edison & Company reported second-quarter 2026 revenue of $189.62 million, a 6.7% increase from the same period last year, while earnings per share came in at $0.69 compared to $0.10 a year ago. The revenue figure fell slightly short of the Zacks Consensus Estimate of $190.47 million, a negative surprise of 0.45%, but EPS beat the consensus estimate of $0.68 by 1.47%. Key metrics included rental income of $184.45 million, up 6.3% year over year and above the $183.54 million analyst estimate, other property income of $1.11 million, up 14.9% and above the $1.08 million estimate, and fees and management income of $4.05 million, up 22.3% and above the $3.51 million estimate. Diluted net income per share was $0.33, exceeding the two-analyst average estimate of $0.19. Shares have returned 2.9% over the past month, outperforming the S&P 500's 0.4% gain, and the stock holds a Zacks Rank of 2, or Buy.
Phillips Edison & Co IncQ2 revenue and EPS beat estimates, with key metrics above analyst expectations.