Phillips Edison (NASDAQ:PECO) reported quarterly earnings of $0.24 per share which beat the analyst consensus estimate of $0.16 by 50 percent. This is a 14.29 percent increase over earnings of $0.21 per share from the same period last year. The company reported quarterly sales of $190.741 million which beat the analyst consensus estimate of $185.110 million by 3.04 percent. This is a 6.97 percent increase over sales of $178.311 million the same period last year.