Phillips Edison to Announce Q1 Earnings on April 23
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Should l Buy PECO?
Source: seekingalpha
- Earnings Announcement: Phillips Edison (PECO) is set to release its Q1 2023 earnings report on April 23 after market close, with consensus estimates predicting an EPS of $0.16 and revenue of $183.87 million, reflecting a 3.1% year-over-year growth.
- Earnings Estimate Fluctuations: Over the past three months, EPS estimates have seen one upward revision and one downward revision, while revenue estimates have experienced two upward revisions and four downward revisions, indicating market uncertainty regarding the company's performance.
- Investor Attention: The upcoming earnings report is expected to draw significant investor interest, particularly following the company's recent announcement of a $350 million senior unsecured notes offering and a dividend declaration of $0.1083 per share, which may influence shareholder confidence and market performance.
- Market Reaction Expectations: As the earnings release approaches, market reactions to PECO will likely hinge on the EPS and revenue figures, with investors closely monitoring these metrics to assess the company's financial health and future growth prospects.
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Analyst Views on PECO
Wall Street analysts forecast PECO stock price to rise
8 Analyst Rating
2 Buy
6 Hold
0 Sell
Hold
Current: 38.880
Low
36.00
Averages
39.29
High
43.00
Current: 38.880
Low
36.00
Averages
39.29
High
43.00
About PECO
Phillips Edison & Company, Inc. is a real estate investment trust (REIT). The Company's business is conducted through Phillips Edison Grocery Center Operating Partnership I, L.P. It invests primarily in omnichannel grocery-anchored neighborhood and community shopping centers that have a mix of creditworthy national, regional, and local retailers that sell necessity-based goods and services in demographic markets throughout the United States. Its portfolio primarily consists of neighborhood centers anchored by the #1 or #2 grocer tenants by sales within their respective formats by trade area. The Company manages approximately 329 shopping centers, including 303 wholly owned shopping centers and 26 shopping centers owned through joint ventures, which comprise approximately 36.8 million square feet in 31 states.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Phillips Edison to Announce Q1 Earnings on April 23
- Earnings Announcement: Phillips Edison (PECO) is set to release its Q1 2023 earnings report on April 23 after market close, with consensus estimates predicting an EPS of $0.16 and revenue of $183.87 million, reflecting a 3.1% year-over-year growth.
- Earnings Estimate Fluctuations: Over the past three months, EPS estimates have seen one upward revision and one downward revision, while revenue estimates have experienced two upward revisions and four downward revisions, indicating market uncertainty regarding the company's performance.
- Investor Attention: The upcoming earnings report is expected to draw significant investor interest, particularly following the company's recent announcement of a $350 million senior unsecured notes offering and a dividend declaration of $0.1083 per share, which may influence shareholder confidence and market performance.
- Market Reaction Expectations: As the earnings release approaches, market reactions to PECO will likely hinge on the EPS and revenue figures, with investors closely monitoring these metrics to assess the company's financial health and future growth prospects.
See More
PECO'S PRESIDENT AND CEO DAVID VAHOS TO BECOME SPECIAL ADVISOR TO EXELON'S PRESIDENT AND CEO
Announcement of Transition: PECO has announced the transition of President and CEO David Vahos to a special advisor role.
Leadership Change: This transition marks a significant change in leadership at PECO, indicating a shift in the company's strategic direction.
See More
Sophron Capital Management Reduces PECO Holdings
- Share Reduction Details: On February 17, 2026, Sophron Capital Management disclosed the sale of 202,175 shares of Phillips Edison & Company (PECO), valued at approximately $7.02 million, indicating a potential shift in confidence towards the company.
- Holding Proportion Change: Following this sale, Sophron's stake in PECO decreased to 4.2% from 6.1% in the previous quarter, reflecting a strategic reallocation within its real estate investment trust (REIT) portfolio.
- Company Financial Performance: Phillips Edison reported a net income of $111.3 million for 2025, a substantial increase of 78% from the previous year, showcasing its strong performance in the essential goods retail market, despite only a 9% rise in stock price over the past year.
- Market Position Analysis: Phillips Edison focuses on managing grocery-anchored shopping centers, maintaining a high occupancy rate of around 97%, which underscores its stability in uncertain markets, making it a core holding for long-term investors.
See More
Sophron Capital Reduces Phillips Edison Stake
- Stake Reduction Details: Sophron Capital reduced its stake in Phillips Edison & Company by 202,175 shares in Q4 2026, with an estimated trade value of $7.02 million, indicating the impact of market fluctuations on its investment strategy.
- Position Value Decline: Following the sale, the value of Sophron's position in PECO decreased by $6.48 million, reflecting poor performance in the market and reducing its allocation to 4.25% of Sophron's AUM, which places it outside the top five holdings.
- Company Financial Performance: Despite the reduction, Phillips Edison reported a net income of $111.3 million for 2025, a 78% increase from the previous year, demonstrating strong performance in the necessity-based retail sector.
- Investment Strategy Analysis: Sophron's stake reduction does not signify a complete exit from the sector but rather an adjustment to maintain a balanced portfolio, reflecting a strategic response to market volatility while continuing to favor real estate investment trusts.
See More
Phillips Edison Prices $350 Million Senior Unsecured Notes Offering
- Bond Offering Size: Phillips Edison announced the successful pricing of $350 million in 4.750% senior unsecured notes at 99.920%, maturing in 2033, indicating strong market confidence in its financing capabilities.
- Diverse Use of Proceeds: The net proceeds from this offering will be utilized to repay borrowings under its revolving credit facility, settle term loans and other outstanding debts, as well as to acquire new properties, fund capital expenditures, and improve existing properties, enhancing the company's financial flexibility.
- Short-term Investment Strategy: Pending application of the net proceeds for the aforementioned purposes, the funds may initially be invested in short-term securities, a strategy aimed at ensuring liquidity and optimizing capital utilization to further support operational and expansion plans.
- Positive Market Reaction: Following the bond offering announcement, Phillips Edison’s stock rose by 1.00% in after-hours trading to $39.32, reflecting investor optimism regarding the company's future growth potential.
See More
Phillips Edison & Company Prices $350 Million Senior Notes Offering
- Bond Offering Size: Phillips Edison & Company announced the pricing of $350 million in 4.750% senior unsecured notes at 99.920%, maturing in 2033, demonstrating the company's strong capital market financing capabilities.
- Diverse Use of Proceeds: The net proceeds from this offering will be utilized to repay revolving credit, term loans, and other debts, as well as to acquire new properties and fund capital expenditures, indicating a proactive strategy in expanding and improving its asset portfolio.
- Strong Underwriter Lineup: The bond offering is managed by several prominent financial institutions, including Morgan Stanley, Bank of America, and Wells Fargo, which enhances market confidence in the bonds and bolsters the company's market reputation.
- Compliance and Transparency: The bond issuance complies with SEC's effective registration statement, ensuring investor rights and further enhancing the company's transparency and compliance in the capital markets.
See More
Phillips Edison to Announce Q1 Earnings on April 23
- Earnings Announcement: Phillips Edison (PECO) is set to release its Q1 2023 earnings report on April 23 after market close, with consensus estimates predicting an EPS of $0.16 and revenue of $183.87 million, reflecting a 3.1% year-over-year growth.
- Earnings Estimate Fluctuations: Over the past three months, EPS estimates have seen one upward revision and one downward revision, while revenue estimates have experienced two upward revisions and four downward revisions, indicating market uncertainty regarding the company's performance.
- Investor Attention: The upcoming earnings report is expected to draw significant investor interest, particularly following the company's recent announcement of a $350 million senior unsecured notes offering and a dividend declaration of $0.1083 per share, which may influence shareholder confidence and market performance.
- Market Reaction Expectations: As the earnings release approaches, market reactions to PECO will likely hinge on the EPS and revenue figures, with investors closely monitoring these metrics to assess the company's financial health and future growth prospects.
See More
PECO'S PRESIDENT AND CEO DAVID VAHOS TO BECOME SPECIAL ADVISOR TO EXELON'S PRESIDENT AND CEO
Announcement of Transition: PECO has announced the transition of President and CEO David Vahos to a special advisor role.
Leadership Change: This transition marks a significant change in leadership at PECO, indicating a shift in the company's strategic direction.
See More
Sophron Capital Management Reduces PECO Holdings
- Share Reduction Details: On February 17, 2026, Sophron Capital Management disclosed the sale of 202,175 shares of Phillips Edison & Company (PECO), valued at approximately $7.02 million, indicating a potential shift in confidence towards the company.
- Holding Proportion Change: Following this sale, Sophron's stake in PECO decreased to 4.2% from 6.1% in the previous quarter, reflecting a strategic reallocation within its real estate investment trust (REIT) portfolio.
- Company Financial Performance: Phillips Edison reported a net income of $111.3 million for 2025, a substantial increase of 78% from the previous year, showcasing its strong performance in the essential goods retail market, despite only a 9% rise in stock price over the past year.
- Market Position Analysis: Phillips Edison focuses on managing grocery-anchored shopping centers, maintaining a high occupancy rate of around 97%, which underscores its stability in uncertain markets, making it a core holding for long-term investors.
See More
Sophron Capital Reduces Phillips Edison Stake
- Stake Reduction Details: Sophron Capital reduced its stake in Phillips Edison & Company by 202,175 shares in Q4 2026, with an estimated trade value of $7.02 million, indicating the impact of market fluctuations on its investment strategy.
- Position Value Decline: Following the sale, the value of Sophron's position in PECO decreased by $6.48 million, reflecting poor performance in the market and reducing its allocation to 4.25% of Sophron's AUM, which places it outside the top five holdings.
- Company Financial Performance: Despite the reduction, Phillips Edison reported a net income of $111.3 million for 2025, a 78% increase from the previous year, demonstrating strong performance in the necessity-based retail sector.
- Investment Strategy Analysis: Sophron's stake reduction does not signify a complete exit from the sector but rather an adjustment to maintain a balanced portfolio, reflecting a strategic response to market volatility while continuing to favor real estate investment trusts.
See More
Phillips Edison Prices $350 Million Senior Unsecured Notes Offering
- Bond Offering Size: Phillips Edison announced the successful pricing of $350 million in 4.750% senior unsecured notes at 99.920%, maturing in 2033, indicating strong market confidence in its financing capabilities.
- Diverse Use of Proceeds: The net proceeds from this offering will be utilized to repay borrowings under its revolving credit facility, settle term loans and other outstanding debts, as well as to acquire new properties, fund capital expenditures, and improve existing properties, enhancing the company's financial flexibility.
- Short-term Investment Strategy: Pending application of the net proceeds for the aforementioned purposes, the funds may initially be invested in short-term securities, a strategy aimed at ensuring liquidity and optimizing capital utilization to further support operational and expansion plans.
- Positive Market Reaction: Following the bond offering announcement, Phillips Edison’s stock rose by 1.00% in after-hours trading to $39.32, reflecting investor optimism regarding the company's future growth potential.
See More
Phillips Edison & Company Prices $350 Million Senior Notes Offering
- Bond Offering Size: Phillips Edison & Company announced the pricing of $350 million in 4.750% senior unsecured notes at 99.920%, maturing in 2033, demonstrating the company's strong capital market financing capabilities.
- Diverse Use of Proceeds: The net proceeds from this offering will be utilized to repay revolving credit, term loans, and other debts, as well as to acquire new properties and fund capital expenditures, indicating a proactive strategy in expanding and improving its asset portfolio.
- Strong Underwriter Lineup: The bond offering is managed by several prominent financial institutions, including Morgan Stanley, Bank of America, and Wells Fargo, which enhances market confidence in the bonds and bolsters the company's market reputation.
- Compliance and Transparency: The bond issuance complies with SEC's effective registration statement, ensuring investor rights and further enhancing the company's transparency and compliance in the capital markets.
See More
