secwatch.observer — SEC 8-K summary
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Issuer:     Phillips Edison & Company, Inc. (PECO)
CIK:        0001476204
Form:       8-K
Filed at:   2023-02-09T23:59:59+00:00
Accession:  0001476204-23-000025
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1476204/000147620423000025/0001476204-23-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1476204/000147620423000025/cik0001476204-20230209.htm
  HTML page:      https://secwatch.observer/filing/0001476204-23-000025

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