secwatch.observer — SEC 8-K summary
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Issuer:     Phillips Edison & Company, Inc. (PECO)
CIK:        0001476204
Form:       8-K
Filed at:   2026-02-05T23:59:59+00:00
Accession:  0001476204-26-000003
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Phillips Edison Q4 Core FFO $0.66, FY 2025 Core FFO $2.60; same-center NOI +3.8%; guides 2026
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- Q4 net income $47.5M ($0.38 diluted) vs $18.1M a year ago; FY net income $111.3M ($0.89).
- FY Nareit FFO $353.1M ($2.54/share), +9.1% YoY; Core FFO $360.7M ($2.60), +8.7%.
- Same-center NOI grew 3.2% in Q4 and 3.8% FY to $454.7M; leased occupancy 97.3%, inline record 95.1%.
- Comparable new lease rent spreads 34.3% in Q4; renewal spreads 20.0%; portfolio comparable rent spread 24.5%.
- Acquired $356.9M wholly-owned in 2025; subsequent $77M in acquisitions including H-E-B anchored center.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1476204/000147620426000003/0001476204-26-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1476204/000147620426000003/cik0001476204-20260205.htm
  HTML page:      https://secwatch.observer/filing/0001476204-26-000003

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