---
schema_version: "secwatch.filing_event.v1"
accession: "0001476204-24-000018"
form_type: "8-K"
ticker: "PECO"
cik: "0001476204"
company_name: "Phillips Edison & Company, Inc."
filed_at: "2024-02-08T23:59:59+00:00"
generated_at: "2026-06-06T05:34:57.351428+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# PECO Q4 Nareit FFO $0.56 (+6% YoY); raises 2024 Core FFO guidance to $2.37-$2.45

## Summary
- Q4 net income $13.5M ($0.11/diluted); Nareit FFO $74.8M ($0.56), +6.0% YoY; Core FFO $77.9M ($0.58), +4.9% YoY.
- Full-year 2023 same-center NOI +4.2%; Q4 same-center NOI +3.6% to $99.3M.
- Leased portfolio occupancy 97.4% (anchor 98.9%, inline 94.7%); comparable renewal rent spread +14.2% in Q4.
- Acquired six shopping centers & two outparcels for $186.4M in Q4; net acquisitions $272.2M for FY2023.
- Raised full-year 2024 Nareit FFO guidance to $2.34-$2.41 and Core FFO to $2.37-$2.45 per diluted share.

## SEC filing metadata
- accession: 0001476204-24-000018
- form_type: 8-K
- ticker: PECO
- cik: 0001476204
- company_name: Phillips Edison & Company, Inc.
- filed_at: 2024-02-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1476204/000147620424000018/0001476204-24-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1476204/000147620424000018/cik0001476204-20240208.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001476204-24-000018
- JSON: https://secwatch.observer/filing/0001476204-24-000018.json
- Plain text: https://secwatch.observer/filing/0001476204-24-000018.txt

## Key facts
- Earnings Releases
  Phillips Edison & Company, Inc. reported the period ended December 31, 2023 results: net income $13.5 million, EPS $0.11 per diluted share. Guidance raised.
  - Period: the period ended December 31, 2023
  - Net income: $13.5 million
  - EPS: $0.11 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: reported financial and operating results for the period ended December 31, 2023 and increased full year 2024 earnings guidance. For the fourth quarter and year ended December 31, 2023, net income attributable to stockholders was $13.5 million, or $0.11 per diluted share, and $56.8 million, or $0.48 per diluted share, respectively.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1476204/000147620424000018/0001476204-24-000018-index.htm

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