Here's What Key Metrics Tell Us About Phillips Edison & Company (PECO) Q1 Earnings

Core Viewpoint - Phillips Edison & Company, Inc. (PECO) demonstrated strong financial performance in the quarter ended March 2025, with significant year-over-year revenue growth and earnings per share (EPS) exceeding expectations [1][2]. Financial Performance - Revenue for the quarter was reported at $178.31 million, marking a year-over-year increase of 10.6% [1]. - The revenue exceeded the Zacks Consensus Estimate of$ 174.23 million by 2.35% [1]. - EPS for the quarter was $0.65, compared to$ 0.14 a year ago, representing a substantial increase [1]. - The EPS also surpassed the consensus estimate of $0.63 by 3.17% [1]. Revenue Breakdown - Rental income was reported at$ 174.18 million, exceeding the average estimate of $170.05 million by analysts, with a year-over-year change of 10.2% [4]. - Other property income reached$ 1.35 million, significantly higher than the estimated $0.78 million, reflecting a year-over-year increase of 101.1% [4]. - Fees and management income was reported at$ 2.78 million, slightly below the estimated $2.82 million, with an 8.5% year-over-year increase [4]. - Diluted net income per share was$ 0.21, compared to the estimated $0.19 [4]. Stock Performance - Over the past month, shares of Phillips Edison & Company have returned -0.5%, outperforming the Zacks S&P 500 composite, which saw a -5.1% change [3]. - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3].