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PECO

Phillips Edison·NASDAQ
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PECO fundamentals

Phillips Edison (PECO) released its earnings on Oct 23, 2025: revenue was 182.67M (YoY +10.36%), beat estimates; EPS was 0.2 (YoY +122.22%), beat estimates.
Revenue / YoY
182.67M
+10.36%
EPS / YoY
0.2
+122.22%
Report date
Oct 23, 2025
PECO Earnings Call Summary for Q3,2025
  • Revenue Growth and Guidance: Increased 2025 NAREIT FFO and core FFO per share guidance to $3.40 midpoint, up 6.8% and 6.6% year-over-year, driven by 23.2% renewal and 24.5% new leasing spreads.
  • Strategic Acquisitions: Year-to-date $376 million in acquisitions, targeting 9%+ unlevered returns on unanchored centers. 2026 plans to sell $100 million to $200 million of lower IRR assets.
  • Development Momentum: 22 projects under construction with $75.9 million invested, 14 stabilized YTD generating $4.3 million annual NOI. Ocala, FL land acquisition for potential grocery-anchored development.
  • Financial Strength: $977 million liquidity, 5.1x net debt-to-EBITDA, and no debt maturities until 2027. Bad debt at 70-80 basis points, stable at 97.6% portfolio occupancy.
  • Long-Term Growth: Aims for 3% to 4% same-center NOI growth through disciplined recycling, with unanchored centers offering 10%+ unlevered returns. December 17 update to detail 2026 strategy and unanchored center pipeline.
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Key Indicators

Phillips Edison (PECO) key financial stats and ratios, covering profitability, financial health, and leverage.
Phillips Edison (PECO)'s revenue and profit trends over recent years, visualized with a waterfall chart to showcase the revenue-to-profit funnel.
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Phillips Edison (PECO)'s asset and liability trends over recent years, visualized with a waterfall chart to illustrate changes in its asset-liability structure.
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Phillips Edison (PECO)'s cash flow trends over recent years, visualized with a waterfall chart to illustrate changes in its operating, investing, and financing cash flows.
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Where does Phillips Edison (PECO) generate its revenue? Explore its key revenue streams and top earning regions.
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Track Phillips Edison (PECO) Dividend Yield, Payout Ratio & Sustainability Through Its Dividend History
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