secwatch.observer — SEC 8-K summary
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Issuer:     Phillips Edison & Company, Inc. (PECO)
CIK:        0001476204
Form:       8-K
Filed at:   2024-10-24T23:59:59+00:00
Accession:  0001476204-24-000109
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PECO reports Q3 Core FFO $0.62, raises FY 2024 guidance to $2.40–$2.44
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- Q3 Nareit FFO $81.6M ($0.60/diluted), up 12.5% YoY; Core FFO $84.4M ($0.62/diluted), up 9.6% YoY.
- Same-center NOI grew 3.2% YoY to $107.7M; portfolio leased occupancy 97.8%.
- Acquired five shopping centers for $95.7M in Q3; YTD acquisitions $211.1M.
- Raised FY 2024 Core FFO guidance to $2.40–$2.44 per share (midpoint $2.42 vs prior $2.40).
- Completed $350M senior notes offering at 4.950% due 2035; 93.2% of debt fixed-rate.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1476204/000147620424000109/0001476204-24-000109-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1476204/000147620424000109/cik0001476204-20241024.htm
  HTML page:      https://secwatch.observer/filing/0001476204-24-000109

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