Earnings Outlook For Phillips Edison
Portfolio Pulse from Benzinga Insights
Phillips Edison (NASDAQ:PECO) is scheduled to release its quarterly earnings report on February 8, 2024, with an estimated EPS of $0.10. The company's past earnings performance shows a mix of beats and misses, with the stock price reacting accordingly. Shares are currently trading at $34.94, reflecting a 7.11% increase over the last 52 weeks. Investors are looking forward to not only the earnings results but also the company's guidance for future growth.
February 07, 2024 | 4:01 pm
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Phillips Edison is expected to report an EPS of $0.10 for the latest quarter. Historical performance shows sensitivity to earnings announcements and guidance, with shares currently up 7.11% over the last year.
Given the mixed past performance and the current positive trend in stock price, the short-term impact of the earnings report could be neutral. The market's reaction may hinge more on the company's future guidance than the actual earnings beat or miss.
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