secwatch.observer — SEC 8-K summary
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Issuer:     Phillips Edison & Company, Inc. (PECO)
CIK:        0001476204
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0001476204-22-000105
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1476204/000147620422000105/0001476204-22-000105-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1476204/000147620422000105/cik0001476204-20221103.htm
  HTML page:      https://secwatch.observer/filing/0001476204-22-000105

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer