Phillips Edison Capital Reports Q3 Earnings Beat and Updates 2026 Guidance
Phillips Edison Capital (PECO) reported third-quarter financial results that exceeded market expectations on both the top and bottom lines. The company posted Funds From Operations (FFO) of $0.71 per share, surpassing consensus estimates by $0.02, while revenue reached $193.1 million, a 5.7% increase year-over-year and a beat of $2.79 million. In addition to the quarterly beat, the company provided updated guidance for fiscal year 2026. The market is currently looking toward consensus estimates of $2.77 in FFO and $756.60 million in revenue for that period as the company adjusts its long-term outlook.
Tickers: $PECO
Topics: FFO beat guidance update revenue beat
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