---
schema_version: "secwatch.filing_event.v1"
accession: "0001476204-25-000062"
form_type: "8-K"
ticker: "PECO"
cik: "0001476204"
company_name: "Phillips Edison & Company, Inc."
filed_at: "2025-04-24T23:59:59+00:00"
generated_at: "2026-05-23T06:56:43.484371+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Phillips Edison Q1 net income $26.3M ($0.21/diluted); Core FFO $0.65; reaffirms FY 2025 guidance

## Summary
- Net income $26.3M ($0.21/diluted); Nareit FFO $89.0M ($0.64) and Core FFO $90.8M ($0.65), both up 11% YoY.
- Same-center NOI grew 3.9% to $115.1M; leased portfolio occupancy 97.1% as of March 31, 2025.
- Acquired six shopping centers for $146.4M (prorated) and sold one for $24.9M in Q1; subsequent acquisition of $27.8M.
- Affirmed FY 2025 Nareit FFO guidance midpoint representing 5.7% year-over-year growth.
- Extended revolving credit facility to $1.0B with maturity to January 2029; net debt to EBITDAre 5.3x.

## SEC filing metadata
- accession: 0001476204-25-000062
- form_type: 8-K
- ticker: PECO
- cik: 0001476204
- company_name: Phillips Edison & Company, Inc.
- filed_at: 2025-04-24T23:59:59+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/1476204/000147620425000062/0001476204-25-000062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1476204/000147620425000062/cik0001476204-20250424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001476204-25-000062
- JSON: https://secwatch.observer/filing/0001476204-25-000062.json
- Plain text: https://secwatch.observer/filing/0001476204-25-000062.txt

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