Phillips Edison & Company, Inc. (PECO) Q2 FFO and Revenues Lag Estimates

Phillips Edison & Company, Inc. (PECO) came out with quarterly funds from operations (FFO) of $0.59 per share, missing the Zacks Consensus Estimate of $0.60 per share. This compares to FFO of $0.59 per share a year ago. These figures are adjusted for non-recurring items. Over the last four quarters, the company has surpassed consensus FFO estimates just once. The sustainability of the stock's immediate price movement based on the recently-released numbers and future FFO expectations will mostly depend on ma ...