Phillips Edison Q4 2024 Core FFO rises 10.2%; 2025 Core FFO guidance $2.52-$2.59
Phillips Edison & Company reported fourth quarter and full-year 2024 results and issued 2025 guidance. Fourth quarter net income attributable to stockholders rose to $18.1 million, or $0.15 per diluted share, from $13.5 million, or $0.11, a year earlier, and full-year Core FFO per share reached $2.43, up 3.8%. For 2025, the company guided Core FFO per share to $2.52 to $2.59, which it says represents 5.1% growth at the midpoint, and gross acquisitions of $350 million to $450 million.
Key points
- Q4 2024 net income attributable to stockholders was $18.1 million, or $0.15 per diluted share, versus $13.5 million, or $0.11, in Q4 2023.
- Q4 2024 Core FFO was $85.8 million, or $0.62 per diluted share, up 10.2%; full-year Core FFO was $2.43 per diluted share, up 3.8%.
- 2025 guidance: Core FFO per share $2.52 to $2.59; Nareit FFO per share $2.47 to $2.54; net income per share $0.54 to $0.59.
- Conference call and webcast set for Friday, February 7, 2025, at 12:00 p.m. Eastern Time.
The filing
Written by AI on Nov 8, 2026, 1:05 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 06, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.