---
schema_version: "secwatch.filing_event.v1"
accession: "0001476204-22-000105"
form_type: "8-K"
ticker: "PECO"
cik: "0001476204"
company_name: "Phillips Edison & Company, Inc."
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T08:46:37.525446+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Phillips Edison Q3 Core FFO $0.58, same-center NOI +4.3%, raises 2022 guidance

## Summary
- Q3 net income $11.0M ($0.09 diluted); Core FFO $76.6M ($0.58), up 15.4% YoY.
- Same-center NOI grew 4.3% to $92.5M; leased occupancy record 97.1% (vs 95.6% a year ago).
- Acquired one shopping center and two outparcels for $59.5M; net debt/EBITDAre 5.4x.
- Board increased monthly distribution 3.7% to $0.0933/share ($1.12 annualized).
- Raised 2022 Core FFO guidance to $2.22–$2.26 per share; same-center NOI growth 4.1%–4.5%.

## SEC filing metadata
- accession: 0001476204-22-000105
- form_type: 8-K
- ticker: PECO
- cik: 0001476204
- company_name: Phillips Edison & Company, Inc.
- filed_at: 2022-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1476204/000147620422000105/0001476204-22-000105-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1476204/000147620422000105/cik0001476204-20221103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001476204-22-000105
- JSON: https://secwatch.observer/filing/0001476204-22-000105.json
- Plain text: https://secwatch.observer/filing/0001476204-22-000105.txt

## Key facts
- Earnings Releases
  Phillips Edison & Company, Inc. reported three months ended September 30, 2022 results: net income $11.0 million, or $0.09 per diluted share. Guidance raised.
  - Period: three months ended September 30, 2022
  - Net income: $11.0 million, or $0.09 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: Phillips Edison & Company Reports Third Quarter 2022 Results and Raises Full Year Guidance CINCINNATI - November 3, 2022 - Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation’s largest owners and operators of grocery-anchored omni-channel neighborhood shopping centers, reported net income attributable to stockholders of $11.0 million, or $0.09 per diluted share, for the three months ended September 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1476204/000147620422000105/0001476204-22-000105-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.