Phillips Edison raises FY2025 net income guidance to $0.80-$0.81; issues 2026 outlook

Phillips Edison & Company, Inc.

FY2025 net income per share raised to $0.80-$0.81 from $0.62-$0.65.
Nareit FFO per share 2025 guidance narrowed to $2.53-$2.54 from $2.51-$2.55.
Preliminary FY2026 Nareit FFO per share guided at $2.65-$2.71; Core FFO $2.71-$2.77.
Same-Center NOI growth 2025 maintained at 3.1%-3.6%; 2026 preliminary 3.0%-4.0%.
Acquisition guidance: 2025 ~$400M (narrowed); 2026 $400M-$500M.

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