Investing.com - Phillips Edison Co reported on Thursday third quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Phillips Edison Co announced earnings per share of $0.09 on revenue of $145.65M. Analysts polled by Investing.com anticipated EPS of $0.09 on revenue of $139.9M.
Phillips Edison Co shares are down 12% from the beginning of the year and are trading at $29.51 , down-from-52-week-high.
Phillips Edison Co follows other major Real Estate sector earnings this month
Phillips Edison Co's report follows an earnings beat by Prologis on Wednesday, October 19, 2022, who reported EPS of $1.36 on revenue of $1.75B, compared to forecasts EPS of $1.34 on revenue of $1.2B.
American Tower had beat expectations on Thursday, October 27, 2022 with third quarter EPS of $1.8 on revenue of $2.67B, compared to forecast for EPS of $1.13 on revenue of $2.65B.
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