NASDAQ$PECO

Phillips Edison & Company Inc · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

PECO Q2 2024 — n/d revenue, 14.00 EPS

Certain of our accounting estimates are particularly important for an understanding of our financial position and results of operations and require the application of significant judgment by managemen. Phillips Edison & Company Inc reported Q2 2024 results. Diluted EPS came in at $14.00. Net income of $17K. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Diluted EPS: $14.00.
  • Net income: $17K.
  • Filed on Form 10-Q (accession 0001476204-24-000099).

Headline financials

Total Revenue

$162M

Previous: $152M+6.2%
EPS

$0.12

Previous: $0.12+0.0%
Capital Expenditures

-$147M

Previous: -$117M-25.6%
Free Cash Flow

-$132M

Previous: -$103M-28.4%
Net Income

$15.3M

Previous: $14.5M+5.7%
Operating Income

-$78.2M

Previous: -$79.4M+1.5%
Gross Profit

$134M

Previous: $127M+5.2%
Cash & Equivalents

$7.06M

Previous: $5.56M+26.9%
Total Assets

$4.91B

Previous: $4.74B+3.5%
Stock-Based Comp

$1.6M

Previous: $3.23M-50.6%

Revenue & EPS history

Phillips Edison · Revenue · Quarterly

$162M

Q2 2024+6.2%vs Q2 2023
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Revenue by segment

Phillips Edison · $152M total across 3 segments · Q3 2023

  • Rental Income
    $150M+4.7%
  • Fees and Management Income
    $2.17M+4.2%
  • Other Property Income
    $740K+3.4%

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2024

Historical avgQ2 2024

+0.3%

Avg return

Earnings day

+0.7%

Avg return

5 days after

+2.2%

Avg return

30 days after

43%

9 / 21 earnings

Positive

+5.7%

Q2 2021

Best reaction

-4.0%

Q1 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.2%+2.0%+3.2%
Q4 2025-0.8%-0.3%+2.4%
Q3 2025+0.6%-1.0%+2.5%
Q2 2025-0.3%+0.9%+5.0%
Q1 2025-0.4%-1.5%-3.6%
Q3 2024-1.9%+0.4%+6.3%
Q2 2024-0.1%+5.2%+7.1%
Q1 2024-1.9%-1.6%-5.4%
Q4 2023+0.7%-0.7%+3.6%
Q3 2023+0.9%+2.6%+3.0%
Q2 2023+1.6%+0.6%-4.1%
Q1 2023-3.0%-1.8%-7.4%
Q4 2022+2.1%+3.6%-4.9%
Q3 2022+5.0%+3.5%+9.9%
Q2 2022+0.4%+0.9%-0.4%
Q1 2022-4.0%-8.8%-1.3%
Q4 2021-1.7%+0.2%+3.6%
Q3 2021+4.4%+3.4%+2.0%
Q2 2021+5.7%+8.0%+7.6%
Q1 2021+0.0%+0.0%+17.9%
Q4 2020+0.0%+0.0%+0.0%
Q3 2020
Q2 2020
Q1 2020
Q4 2019
Q3 2019
Q2 2019
Q1 2019
Q4 2018
Q3 2018
Q2 2018
Q1 2018
Q3 2017
Q2 2017
Q1 2017
Q3 2016
Q2 2016
Q1 2016
Q2 2015
Q1 2015
Q4 2012
Q3 2012
Q2 2012
Q3 2011
Q2 2011

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