Phillips Edison & Company's (NASDAQ: PECO) third quarter financial results release is scheduled for Thursday 24th October 2024, before the market opens. Investors and analysts will be able to assess the company's performance during the quarter.
Wall Street financial experts forecast that the concern is set to announce an expected $0.14 profit per share for the quarter. Moreover, the company is anticipated to disclose a total revenue of $162.94 million for this particular period.
Looking back at the corresponding quarter from the previous year, the company's earnings report revealed a per-share income of $0.1. This notable figure was attributed to the company's total revenue, which settled at an impressive $152.47 million during that specific quarter.
Financial experts on Wall Street have shared their predictions regarding the company's annual performance, estimating a total revenue of $651.49 million. Additionally, they are expecting the company to report profit of $0.51 per share for the full year 2024.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.12 | 0% | 161.52 M | +6.2% |
| Q1 2024 | $0.14 | 0% | 161.30 M | +6.8% |
| Q4 2023 | $0.11 | -8.3% | 154.45 M | +6.5% |
| Q3 2023 | $0.10 | +11.1% | 152.47 M | +4.7% |
| Q2 2023 | $0.12 | 0% | 152.14 M | +6.8% |
| *Growth on year-over-year basis | ||||
In addition, The firm will review the third quarter financial results on 25th October 2024 at 12:00 PM eastern time, in a conference call with public.
Phillips Edison & Company (PECO) closed Tuesday's regular trading session at $36.89, showing a 0.68 percent advance. The stock fluctuated between $36.45 and $37.05 during the day, with a volume of 597.80 thousand shares.