Phillips Edison & Company will announce Q4 and Full Year 2024 earnings on February 6, 2025, with a conference call on February 7.
Quiver AI Summary
Phillips Edison & Company, Inc. (PECO), a leading owner and operator of grocery-anchored neighborhood shopping centers, is set to release its Fourth Quarter and Full Year 2024 earnings results on February 6, 2025, after market close. The earnings announcement will be followed by a conference call on February 7, 2025, at 12:00 p.m. ET, which will be webcasted for investors. PECO operates 311 shopping centers across the U.S., providing essential goods and services with a strong focus on community improvement. The company encourages investors to access information through its website and social media platforms.
Potential Positives
- Announcement of Fourth Quarter and Full Year 2024 earnings results, indicating transparency and regular communication with investors.
- Engagement opportunity for investors through a scheduled conference call and webcast, reflecting the company's commitment to stakeholder engagement.
- Highlighting a robust operational capacity with the management of 311 shopping centers and strong grocery anchor partnerships, which positions PECO favorably in the retail real estate market.
- Emphasis on the company's vertically-integrated operating platform, signifying operational efficiency and expertise in the shopping center sector.
Potential Negatives
- The press release does not provide any financial guidance or expectations for Q4 and Full Year 2024 earnings, which may lead to uncertainty among investors regarding the company's performance.
- There is no discussion of any potential risks or challenges facing the company, which could be viewed as a lack of transparency.
- The reliance on grocery anchors may pose a risk if market conditions change or consumer preferences shift away from traditional grocery shopping.
FAQ
When will Phillips Edison announce its Q4 and Full Year 2024 earnings results?
Phillips Edison will announce its earnings results on February 6, 2025, after the market closes.
How can I access Phillips Edison’s earnings release?
The earnings release will be posted on the Investor Relations section of the Company's website at https://investors.phillipsedison.com/.
Who will host the earnings conference call?
Chairman and CEO Jeff Edison, President Bob Myers, and CFO John Caulfield will host the conference call.
What is the date and time for the earnings conference call?
The conference call is scheduled for February 7, 2025, at 12:00 p.m. ET.
Where can I find the webcast of the earnings conference call?
The webcast will be available at the Phillips Edison website, linked from the Investor Relations section.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$PECO Hedge Fund Activity
We have seen 161 institutional investors add shares of $PECO stock to their portfolio, and 170 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CENTERSQUARE INVESTMENT MANAGEMENT LLC added 1,088,604 shares (+2328.6%) to their portfolio in Q3 2024
- DUFF & PHELPS INVESTMENT MANAGEMENT CO added 492,160 shares (+50.1%) to their portfolio in Q3 2024
- AEW CAPITAL MANAGEMENT L P added 427,070 shares (+inf%) to their portfolio in Q3 2024
- THRIVENT FINANCIAL FOR LUTHERANS removed 411,075 shares (-67.4%) from their portfolio in Q3 2024
- BALYASNY ASSET MANAGEMENT L.P. removed 403,631 shares (-100.0%) from their portfolio in Q3 2024
- AMERICAN CENTURY COMPANIES INC removed 349,688 shares (-89.8%) from their portfolio in Q3 2024
- ADAGE CAPITAL PARTNERS GP, L.L.C. added 325,000 shares (+260.0%) to their portfolio in Q3 2024
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
CINCINNATI, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, will announce its Fourth Quarter and Full Year 2024 earnings results on Thursday, February 6, 2025, after the market closes. PECO’s earnings release and supplemental information package will be posted on the Investor Relations section of the Company’s website at https://investors.phillipsedison.com/ . Chairman and Chief Executive Officer Jeff Edison, President Bob Myers and Chief Financial Officer John Caulfield will host an earnings conference call, which will also be webcasted, on Friday, February 7, 2025, at 12:00 p.m. ET.
Fourth Quarter and Full Year 2024 Earnings Conference Call Details:
- Date: Friday, February 7, 2025
- Time: 12:00 p.m. ET
- Participant Toll-Free Dial-In Number: (800) 715-9871
- Participant Toll Dial-In Number: (646) 307-1963
- Conference ID: 4551083
- Webcast: Phillips Edison & Company, Inc. Q4 and Full Year 2024 Earnings Webcast
A webcast replay will be available approximately one hour after the conclusion of the presentation using the same link. Webcasts are archived on PECO’s Investor Relations website .
Connect with PECO
For additional information, please visit
https://www.phillipsedison.com/
Follow PECO on:
Twitter at
https://twitter.com/PhillipsEdison
Facebook at
https://www.facebook.com/phillipsedison.co
Instagram at
https://www.instagram.com/phillips.edison/
; and
Find PECO on LinkedIn at
https://www.linkedin.com/company/phillipsedison&company
About Phillips Edison & Company
Phillips Edison & Company, Inc. (“PECO”) is one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers. Founded in 1991, PECO has generated strong results through its vertically-integrated operating platform and national footprint of well-occupied shopping centers. PECO’s centers feature a mix of national and regional retailers providing necessity-based goods and services in fundamentally strong markets throughout the United States. PECO’s top grocery anchors include Kroger, Publix, Albertsons and Ahold Delhaize. As of September 30, 2024, PECO managed 311 shopping centers, including 290 wholly-owned centers comprising 32.9 million square feet across 31 states and 21 shopping centers owned in two institutional joint ventures. PECO is focused on creating great omni-channel, grocery-anchored shopping experiences and improving communities, one neighborhood shopping center at a time.
PECO uses, and intends to continue to use, its Investors website, which can be found at https://investors.phillipsedison.com, as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD.
Investors:
Kimberly Green, Head of Investor Relations
(513) 692-3399,
[email protected]
