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For the quarter ended September 2024, Phillips Edison & Company, Inc. (PECO) reported revenue of $165.53 million, up 8.6% over the same period last year. EPS came in at $0.62, compared to $0.10 in the year-ago quarter.
The reported revenue represents a surprise of +0.07% over the Zacks Consensus Estimate of $165.41 million. With the consensus EPS estimate being $0.61, the EPS surprise was +1.64%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Phillips Edison & Company performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
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Revenues- Rental income: $161.78 million versus $161.18 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +8.2% change.
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Revenues- Other property income: $0.89 million versus $0.78 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +20.4% change.
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Revenues- Fees and management income: $2.86 million compared to the $2.51 million average estimate based on two analysts. The reported number represents a change of +31.7% year over year.
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Net income (loss) per share- diluted: $0.09 versus $0.16 estimated by two analysts on average.
View all Key Company Metrics for Phillips Edison & Company here>>>
Shares of Phillips Edison & Company have returned -3% over the past month versus the Zacks S&P 500 composite's +1.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Phillips Edison & Company, Inc. (PECO) : Free Stock Analysis Report