Phillips Edison & Co Inc (PECO, Financial) is set to release its Q3 2024 earnings on Oct 25, 2024. The consensus estimate for Q3 2024 revenue is $162.94 million, and the earnings are expected to come in at $0.14 per share. The full year 2024's revenue is expected to be $651.5 million and the earnings are expected to be $0.51 per share. More detailed estimate data can be found on the Forecast page.
Phillips Edison & Co Inc (PECO, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Phillips Edison & Co Inc (PECO) for the full year 2024 have declined from $655.43 million to $651.5 million, and for 2025, estimates have declined from $688.41 million to $685.85 million. Earnings estimates for the full year 2024 have decreased from $0.52 per share to $0.51 per share, while estimates for 2025 have remained steady at $0.57 per share.
Phillips Edison & Co Inc (PECO, Financial) Reported History
In the previous quarter of 2024-06-30, Phillips Edison & Co Inc's (PECO) actual revenue was $161.52 million, which missed analysts' revenue expectations of $162.02 million by -0.31%. Phillips Edison & Co Inc's (PECO) actual earnings were $0.12 per share, which missed analysts' earnings expectations of $0.132 per share by -9.09%. After releasing the results, Phillips Edison & Co Inc (PECO) was up by 0.5% in one day.
Phillips Edison & Co Inc (PECO, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 8 analysts, the average target price for Phillips Edison & Co Inc (PECO) is $38.63 with a high estimate of $44 and a low estimate of $35. The average target implies an upside of 4.36% from the current price of $37.01.
Based on GuruFocus estimates, the estimated GF Value for Phillips Edison & Co Inc (PECO, Financial) in one year is $36.67, suggesting a downside of -0.92% from the current price of $37.01.
Based on the consensus recommendation from 11 brokerage firms, Phillips Edison & Co Inc's (PECO, Financial) average brokerage recommendation is currently 2.5, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
