secwatch.observer — SEC 8-K summary
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Issuer:     Phillips Edison & Company, Inc. (PECO)
CIK:        0001476204
Form:       8-K
Filed at:   2024-12-19T23:59:59+00:00
Accession:  0001476204-24-000115
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 7.01
LLM model:  deepseek-v4-flash:cloud@v2

PECO reaffirms 2024 guidance; 2025 prelim EPS $0.54-0.59, Core FFO $2.52-2.59
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- 2024 guidance reaffirmed: Net income $0.48-$0.50/sh, Core FFO $2.40-$2.44/sh, Same-Center NOI growth 3.5%-4.0%.
- 2025 preliminary guidance: Net income $0.54-$0.59/sh, Core FFO $2.52-$2.59/sh, Same-Center NOI growth 3.0%-3.5%.
- 2025 acquisitions guided at $350M-$450M (net of dispositions), up from $275M-$325M in 2024.
- 2025 interest expense expected $111M-$121M vs 2024 $96M-$99M; G&A unchanged at $45M-$49M.
- Non-cash revenue items guided $18M-$20M for 2025 vs $15M-$19M in 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1476204/000147620424000115/0001476204-24-000115-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1476204/000147620424000115/cik0001476204-20241219.htm
  HTML page:      https://secwatch.observer/filing/0001476204-24-000115

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