Phillips Edison Q2 EPS $0.10 Misses $0.13 Estimate, Sales $177.753M Beat $174.301M Estimate

Phillips Edison (NASDAQ: PECO) reported quarterly earnings of $0.10 per share which missed the analyst consensus estimate of $0.13 by 24.24 percent. This is a 16.67 percent decrease over earnings of $0.12 per share from the same period last year. The company reported quarterly sales of $177.753 million which beat the analyst consensus estimate of $174.301 million by 1.98 percent. This is a 10.05 percent increase over sales of $161.515 million the same period last year.