Phillips Edison & Company, Inc. (PECO) Beats Q3 FFO and Revenue Estimates

Phillips Edison & Company, Inc. (PECO) came out with quarterly funds from operations (FFO) of $0.62 per share, beating the Zacks Consensus Estimate of$ 0.61 per share. This compares to FFO of $0.58 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 1.64%. A quarter ago, it was expected that this company would post FFO of$ 0.60 per share when it actually produced FFO of $0.59, delivering a surprise of -1.67%.Over the last four quarters ...