Phillips Edison & Company reported quarterly FFO of $0.69 per share, beating the Zacks Consensus Estimate of $0.67 and improving from $0.65 a year ago. The result represents a modest positive surprise of about 3% versus consensus and indicates steady year-over-year improvement in operating performance. The news is supportive for the stock but is unlikely to have a major market-wide impact.
Phillips Edison & Company reported quarterly FFO of $0.69 per share, beating the Zacks Consensus Estimate of $0.67 and improving from $0.65 a year ago. The result represents a modest positive surprise of about 3% versus consensus and indicates steady year-over-year improvement in operating performance. The news is supportive for the stock but is unlikely to have a major market-wide impact.
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mildly positive
Sentiment Score
0.28
Ticker Sentiment
