---
schema_version: "secwatch.filing_event.v1"
accession: "0001476204-23-000025"
form_type: "8-K"
ticker: "PECO"
cik: "0001476204"
company_name: "Phillips Edison & Company, Inc."
filed_at: "2023-02-09T23:59:59+00:00"
generated_at: "2026-06-19T20:03:17.432554+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# PECO Q4 2022 Core FFO $0.56/share, up 22.2%; occupancy record 97.4%

## Summary
- Q4 net income $13.7M ($0.12 diluted EPS) vs net loss $5.2M in Q4 2021.
- Q4 Core FFO $74.3M ($0.56), up 22.2%; Nareit FFO $70.6M ($0.54), up 42.9%.
- Same-center NOI increased 2.8% in Q4 and 4.5% for full year 2022.
- Leased occupancy rose to record 97.4%; anchor occupancy 99.3%; comparable new lease spreads 36.3%.
- Acquired two centers for $51.7M in Q4; subsequent acquisition of $27.1M in early 2023.

## SEC filing metadata
- accession: 0001476204-23-000025
- form_type: 8-K
- ticker: PECO
- cik: 0001476204
- company_name: Phillips Edison & Company, Inc.
- filed_at: 2023-02-09T23:59:59+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/1476204/000147620423000025/0001476204-23-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1476204/000147620423000025/cik0001476204-20230209.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001476204-23-000025
- JSON: https://secwatch.observer/filing/0001476204-23-000025.json
- Plain text: https://secwatch.observer/filing/0001476204-23-000025.txt

## Key facts
- Earnings Releases
  Phillips Edison & Company, Inc. reported the full year ended December 31, 2022 results: net income net income attributable to stockholders of $48.3 million, or $0.42 per diluted share, EPS $0.42 per diluted share.
  - Period: the full year ended December 31, 2022
  - Net income: net income attributable to stockholders of $48.3 million, or $0.42 per diluted share
  - EPS: $0.42 per diluted share
  - Result: reported results
  source text: 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 $13.7 million, or $0.12 per diluted share, for the three months ended December 31, 2022, and net income attributable to stockholders of $48.3 million, or $0.42 per diluted share, for the full year ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1476204/000147620423000025/0001476204-23-000025-index.htm
- Earnings Releases
  Phillips Edison & Company, Inc. reported the three months ended December 31, 2022 results: net income net income attributable to stockholders of $13.7 million, or $0.12 per diluted share, EPS $0.12 per diluted share.
  - Period: the three months ended December 31, 2022
  - Net income: net income attributable to stockholders of $13.7 million, or $0.12 per diluted share
  - EPS: $0.12 per diluted share
  - Result: reported results
  source text: 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 $13.7 million, or $0.12 per diluted share, for the three months ended December 31, 2022, and net income attributable to stockholders of $48.3 million, or $0.42 per diluted share, for the full year ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1476204/000147620423000025/0001476204-23-000025-index.htm

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