The earnings call reflects a positive outlook for the company, with strong financial performance and increased guidance for 2025. Despite challenges like tariffs and increased bad debt, the company has maintained high occupancy rates and significant leasing spreads, demonstrating resilience and growth potential.

Company Guidance -

Q3 2025

During Phillips Edison & Company's Second Quarter 2025 earnings call, the company reported a 4.2% increase in same-center Net Operating Income (NOI) and an 8.5% rise in Core Funds from Operations (FFO) per share. The company raised its full-year 2025 earnings guidance for same-center NOI, core FFO per share, and NAREIT FFO per share due to strong business performance. PECO highlighted its strategy of focusing on grocery-anchored centers, achieving high occupancy rates (97.4% overall, with anchor occupancy at 98.9%), and maintaining strong leasing spreads, with comparable renewal rent spreads at 19.1% and new leasing rent spreads at 34.6%. The company also noted a robust acquisition strategy, having purchased $287 million in assets year-to-date, with a full-year gross acquisition guidance of $350 million to $450 million. Despite market volatility, PECO remains confident in its growth trajectory, supported by $972 million in liquidity and a solid balance sheet with a net debt to trailing 12-month annualized adjusted EBITDAre of 5.4x.

Strong FFO and NOI Growth

Core FFO per share increased by 8.5% and same-center NOI grew by 4.2% compared to the previous period.

High Occupancy Rates

Portfolio occupancy remained high at 97.4% with anchor occupancy at 98.9% and in-line occupancy increased to 94.8%.

Significant Leasing Spreads

Comparable new leasing rent spreads for the second quarter were 34.6%, and in-line new rent spreads were 28.1%.

Increased 2025 Guidance

The guidance for 2025 same-center NOI growth was updated to 3.1% to 3.6%, and for NAREIT FFO per share and core FFO per share to a 6.3% and 6% increase over 2024, respectively.

Robust Acquisition Activity

Year-to-date gross acquisitions reached $287 million, with a strong pipeline indicating confidence in achieving the full year acquisition guidance of $350 million to $450 million.

Successful Bond Offering

Completed a $350 million bond offering of 5.25% senior notes due 2032, which replenished liquidity and supported acquisition funding.

Phillips Edison & Company (PECO) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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PECO Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 30, 2025	2025 (Q3)	0.14 / -	0.09	―	―	―
Jul 24, 2025	2025 (Q2)	0.15 / 0.10	0.12	-16.67% (-0.02)
Apr 24, 2025	2025 (Q1)	0.15 / 0.21	0.14	50.00% (+0.07)
Feb 06, 2025	2024 (Q4)	0.12 / 0.15	0.11	36.36% (+0.04)
Oct 24, 2024	2024 (Q3)	0.14 / 0.09	0.1	-10.00% (-0.01)
Jul 25, 2024	2024 (Q2)	0.14 / 0.12	0.12	0.00% (0.00)
Apr 25, 2024	2024 (Q1)	0.14 / 0.14	0.14	0.00% (0.00)
Feb 08, 2024	2023 (Q4)	0.10 / 0.11	0.12	-8.33% (>-0.01)
Oct 31, 2023	2023 (Q3)	0.11 / 0.10	0.09	11.11% (+0.01)
Aug 01, 2023	2023 (Q2)	0.11 / 0.12	0.12	0.00% (0.00)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

PECO Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 24, 2025	$34.76	$34.56	-0.58%
Apr 24, 2025	$34.91	$34.78	-0.37%
Feb 06, 2025	$35.98	$36.68	+1.95%
Oct 24, 2024	$36.08	$35.40	-1.88%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Phillips Edison & Company, Inc. (PECO) report earnings?

Phillips Edison & Company, Inc. (PECO) is schdueled to report earning on Oct 30, 2025, TBA (Confirmed).

What is Phillips Edison & Company, Inc. (PECO) earnings time?

Phillips Edison & Company, Inc. (PECO) earnings time is at Oct 30, 2025, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is PECO EPS forecast?

PECO EPS forecast for the fiscal quarter 2025 (Q3) is 0.14.

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