earnings
confidence high
sentiment positive
materiality 0.70
Phillips Edison Q2 Core FFO $0.64, up 10.3% YoY; raises full-year guidance
Phillips Edison & Company, Inc.
2025-Q2 EPS
reported $0.31
vs consensus $0.13
▲ beat
(+130.8%)
- Q2 net income $12.8M ($0.10/diluted) vs $15.3M; Nareit FFO $86.0M ($0.62) up 9.8%.
- Core FFO $88.2M ($0.64) up 10.3% YoY; same-center NOI +4.2% to $114.5M.
- Raised full-year 2025 guidance: Nareit FFO midpoint +6.3% YoY, Core FFO midpoint +6.0% YoY.
- Acquired six shopping centers for $133.3M in Q2; full-year acquisition guidance $350-450M.
- Portfolio occupancy 97.4%; comparable new lease rent spread 34.6%; completed $350M 5.25% notes due 2032.
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