financetom
Business
financetom
/
Business
/
Phillips Edison Q2 Core FFO Remains Flat, Revenue Rises; 2024 Guidance Reaffirmed
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Phillips Edison Q2 Core FFO Remains Flat, Revenue Rises; 2024 Guidance Reaffirmed
Jul 25, 2024 3:00 PM

05:35 PM EDT, 07/25/2024 (MT Newswires) -- Phillips Edison ( PECO ) reported Q2 core funds from operations late Thursday of $0.59 per diluted share, unchanged from a year earlier.

Analysts polled by Capital IQ expected $0.60.

Revenue for the quarter ended June 30 was $161.5 million, up from $152.1 million a year earlier.

Analysts polled by Capital IQ expected $161.9 million.

The company reaffirmed its full-year 2024 core FFO outlook of $2.37 to $2.45 per share. Analysts polled by Capital IQ expect $2.41.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Associated Banc-Corp Q2 Earnings Rise, Revenue Falls
Associated Banc-Corp Q2 Earnings Rise, Revenue Falls
Jul 25, 2024
05:36 PM EDT, 07/25/2024 (MT Newswires) -- Associated Banc-Corp ( ASB ) reported Q2 diluted earnings Thursday of $0.74 per share, up from $0.56 a year earlier. Analysts polled by Capital IQ expected $0.52. Revenue for the quarter ended June 30, expressed as the sum of net interest income and total noninterest income, was $321.8 million, down from $323.5 million...
L3Harris raises 2024 outlook amid global tensions
L3Harris raises 2024 outlook amid global tensions
Jul 25, 2024
(Reuters) - L3Harris ( LHX ) raised its outlook for 2024 after beating Wall Street estimates for second-quarter profit on Thursday, betting on sustained weapons demand and robust defense spending amid escalating global security concerns. The defense firm raised its 2024 adjusted profit forecast to be between $12.85 and $13.15 per share, up from its previous range of $12.70 to...
Phillips Edison Q2 Core FFO Remains Flat, Revenue Rises; 2024 Guidance Reaffirmed
Phillips Edison Q2 Core FFO Remains Flat, Revenue Rises; 2024 Guidance Reaffirmed
Jul 25, 2024
05:35 PM EDT, 07/25/2024 (MT Newswires) -- Phillips Edison ( PECO ) reported Q2 core funds from operations late Thursday of $0.59 per diluted share, unchanged from a year earlier. Analysts polled by Capital IQ expected $0.60. Revenue for the quarter ended June 30 was $161.5 million, up from $152.1 million a year earlier. Analysts polled by Capital IQ expected...
Columbia Banking System Q2 Operating Earnings, Revenue Decline
Columbia Banking System Q2 Operating Earnings, Revenue Decline
Jul 25, 2024
05:34 PM EDT, 07/25/2024 (MT Newswires) -- Columbia Banking System ( COLB ) reported Q2 operating earnings late Thursday of $0.67 per diluted share, down from $0.81 a year earlier. Analysts polled by Capital IQ expected $0.57. Revenue in the three months ended June 30 fell to $472.2 million from $523.7 million a year earlier. Analysts surveyed by Capital IQ...
Copyright 2023-2025 - www.financetom.com All Rights Reserved