earnings
confidence high
sentiment positive
materiality 0.75
Phillips Edison Q3 Nareit FFO $0.64 (+6.7% YoY); raises full-year 2025 guidance
Phillips Edison & Company, Inc.
2025-Q3 EPS
reported $0.51
vs consensus $0.14
▲ beat
(+270.4%)
- Net income $24.7M ($0.20 EPS) vs $11.6M in Q3 2024; Core FFO $0.65 per share (+4.8% YoY).
- Same-center NOI +3.3% to $115.5M; leased portfolio occupancy 97.6% (97.9% same-center).
- Acquired $21.9M at prorated share in Q3; post-quarter added $74.2M incl. two shopping centers and land.
- Total liquidity $977M; net debt to annualized adj. EBITDAre 5.3x; weighted avg debt maturity 5.4 yrs.
- Full-year 2025 Nareit FFO per share guidance midpoint raised to $2.58 (6.8% YoY growth).