Phillips Edison & Company (PECO) Misses Q2 EPS by 2c; offers guidance

Phillips Edison & Company (NASDAQ: PECO) reported Q2 EPS of $0.12, $0.02 worse than the analyst estimate of $0.14. Revenue for the quarter came in at $161.52 million versus the consensus estimate of $156.29 million.

GUIDANCE:

Phillips Edison & Company sees FY2024 EPS of $0.49-$0.54, versus the consensus of $0.62.

Nareit FFO per share of $2.34 - $2.41

Core FFO per share of $2.37 - $2.45

Same-Center NOI growth of 3.25% - 4.25%

For earnings history and earnings-related data on Phillips Edison & Company (PECO) click here.

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