secwatch.observer — SEC 8-K summary
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Issuer:     Phillips Edison & Company, Inc. (PECO)
CIK:        0001476204
Form:       8-K
Filed at:   2023-10-31T23:59:59+00:00
Accession:  0001476204-23-000122
Event type: earnings
Sentiment:  positive
Materiality: 0.72
Item codes: 2.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Phillips Edison Q3 Core FFO $0.58/sh; guides FY23 Core FFO $2.31-$2.35; president transition
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- Q3 net income $12.2M ($0.10 diluted); Core FFO $77.0M ($0.58/sh), flat YoY per share.
- Same-center NOI up 3.2% YoY to $99.9M; leased occupancy 97.8% (+70bps YoY).
- Full-year 2023 Core FFO guidance updated to $2.31-$2.35/sh (midpoint +2.6% YoY).
- President Devin Murphy to step down Dec 31, 2023; COO Bob Myers named President; Joe Schlosser promoted to COO.
- Q3 acquisitions $13.4M; post-quarter $19.4M; ATM raised $70.1M at $35.59/sh.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1476204/000147620423000122/0001476204-23-000122-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1476204/000147620423000122/cik0001476204-20231031.htm
  HTML page:      https://secwatch.observer/filing/0001476204-23-000122

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