Phillips Edison & Co Inc (PECO) is set to release its Q2 2025 earnings on Jul 25, 2025. The consensus estimate for Q2 2025 revenue is $0.17 billion, and earnings are expected to be $0.13 per share. Full-year 2025 revenue is expected to be $0.71 billion, with earnings at $0.59 per share. Revenue estimates have increased to $0.71 billion for 2025, while earnings estimates have increased to $0.59 per share. The average target price for PECO is $39.30, with an estimated GF Value of $40.00.
CINCINNATI, July 2, 2025 — Phillips Edison & Company, Inc. (Nasdaq: PECO) is set to release its second-quarter 2025 earnings on July 25, 2025. The consensus estimate for Q2 2025 revenue is $0.17 billion, and earnings are expected to be $0.13 per share. Full-year 2025 revenue is expected to be $0.71 billion, with earnings at $0.59 per share. Revenue estimates have increased to $0.71 billion for 2025, while earnings estimates have increased to $0.59 per share. The average target price for PECO is $39.30, with an estimated GF Value of $40.00.
The company reported financial and operating results for the period ended June 30, 2025, and increased its full-year 2025 earnings guidance. For the three and six months ended June 30, 2025, net income attributable to stockholders was $12.8 million, or $0.10 per diluted share, and $39.1 million, or $0.31 per diluted share, respectively. The midpoint of increased full-year 2025 Nareit FFO guidance represents 6.3% year-over-year growth, while the midpoint of increased full-year 2025 Core FFO guidance represents 6.0% year-over-year growth [1].
Phillips Edison & Company reported strong leased portfolio occupancy of 97.4% and same-center leased portfolio occupancy of 97.6%. The company also reported strong leased inline occupancy of 94.8% and same-center leased inline occupancy of 94.8%. The company executed portfolio comparable new leases at a rent spread of 34.6% and inline comparable new leases at a rent spread of 28.1% during the quarter. Portfolio comparable renewal leases were executed at a rent spread of 19.1% and inline comparable renewal leases at a rent spread of 20.7% during the quarter [1].
Phillips Edison & Company acquired six shopping centers for a total of $133.3 million at PECO’s total prorated share and sold one outparcel for a total of $0.1 million at PECO’s total prorated share. Subsequent to quarter end, the company acquired one shopping center for $7.6 million at PECO’s total prorated share. The company also completed a public debt offering of $350.0 million aggregate principal amount of 5.250% senior notes due 2032. The notes were priced at 99.832% of the principal amount and will mature in August 2032 [1].
Jeff Edison, Chairman and Chief Executive Officer of PECO, stated: “We are pleased to report another quarter of solid operating and financial results, with same-center NOI growth of 4.2% and Core FFO per share growth of 8.5%, reflecting the growth opportunity in our grocery-anchored portfolio. Retailer demand remains strong, and PECO’s platform is driving meaningful earnings growth. We are also capturing a meaningful portion of the transaction market with $287 million of acquisitions completed to date at our share. Although we recognize the current macroeconomic uncertainty, PECO’s strong balance sheet and highly-experienced team are well-positioned to drive continued earnings growth and market-leading operating metrics” [1].
Phillips Edison & Company will host a conference call and webcast on Friday, July 25, 2025, at 12:00 p.m. Eastern Time to discuss second-quarter 2025 results and provide further business updates.
References:
[1] https://finance.yahoo.com/news/phillips-edison-company-reports-second-200500783.html
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