Oct 26, 4:18 PM ET
Phillips Edison & Company reported third quarter 2026 net income attributable to stockholders of $62.7 million, or $0.49 per diluted share, up from $24.7 million, or $0.20, a year earlier. Core FFO rose 11.3% to $100.7 million, or $0.71 per diluted share, and the company raised the low end of its full-year 2026 Core FFO guidance to $2.75 to $2.79 per diluted share.
- Q3 2026 Core FFO of $0.71 per diluted share, up 9.2% year over year on a per-share basis; Nareit FFO of $0.69 per diluted share
- Full-year 2026 net income per diluted share guidance raised to $1.21 to $1.24, from $0.95 to $0.97
- Full-year 2026 Core FFO guidance is $2.75 to $2.79 per diluted share, up from $2.73 to $2.79; same-center NOI growth guidance is 3.50% to 4.00%
- Subsequent to quarter end, the company closed a new $350 million unsecured term loan maturing October 23, 2029
Read the filing on SEC.gov ↗
Jul 23, 4:24 PM ET
PECO reported second-quarter 2026 results on July 23, 2026, with net income attributable to stockholders of $41.1 million, up from $12.8 million a year earlier. The company also raised its full-year 2026 Core FFO per diluted share guidance to $2.73 to $2.79 from $2.72 to $2.78, and raised its gross acquisitions guidance to $500 million to $600 million. Higher earnings and a higher outlook are positive for shareholders, though the quarter's net income included a $19.4 million gain on property disposals.
- Q2 2026 net income attributable to stockholders was $41.1 million, or $0.33 per diluted share, versus $12.8 million, or $0.10, in Q2 2025.
- Q2 2026 Core FFO was $95.5 million, or $0.69 per diluted share, up from $0.64 in Q2 2025.
- Updated full-year 2026 Core FFO guidance is $2.73 to $2.79 per diluted share, up from $2.72 to $2.78; gross acquisitions guidance is $500 million to $600 million, up from $400 million to $500 million.
- Leased portfolio occupancy was 97.3% as of June 30, 2026, compared with 97.4% a year earlier.
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Apr 23, 4:17 PM ET
Phillips Edison & Company reported first-quarter 2026 net income attributable to stockholders of $30.4 million, or $0.24 per diluted share, up from $26.3 million, or $0.21, a year earlier. The company also raised its full-year 2026 Core FFO per share guidance to $2.72 to $2.78 from $2.71 to $2.77, which matters to shareholders because it signals higher expected operating earnings for the year.
- First-quarter Core FFO was $0.69 per diluted share, up from $0.65, a 6.2% increase
- Full-year 2026 Core FFO per share guidance raised to $2.72 to $2.78 from $2.71 to $2.77
- Full-year 2026 net income per share guidance raised to $0.79 to $0.81 from $0.74 to $0.77
- Conference call and webcast scheduled for Friday, April 24, 2026 at 12:00 p.m. Eastern Time
Read the filing on SEC.gov ↗
Feb 26, 4:10 PM ET
On February 26, 2026, Phillips Edison Grocery Center Operating Partnership I, L.P., a subsidiary, completed an underwritten public offering of $350 million of 4.750% senior notes due March 15, 2033, fully guaranteed by parent Phillips Edison & Company, Inc. The notes were sold at 99.295% of principal, with estimated net proceeds of about $346.5 million, which the company intends to use for general corporate purposes, including repaying its revolving credit facility and term loans.
- $350 million principal of 4.750% senior notes, maturing March 15, 2033; interest is payable March 15 and September 15, starting September 15, 2026.
- Underwriters paid 99.295% of principal; estimated net proceeds are about $346.5 million after the underwriting discount and fees.
- Proceeds are intended for general corporate purposes, including repaying revolver borrowings and term loans.
- The issuer may redeem the notes before January 15, 2033 at the greater of par or a make-whole premium, and at par afterward.
Read the filing on SEC.gov ↗
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