CINCINNATI, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO”...

PECO

Phillips Edison & Company Reports Fourth Quarter and Full Year 2025 Results

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    <h3>Information</h3>
    <p>CINCINNATI, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Phillips Edison &amp; Company, Inc. (Nasdaq: PECO) (“PECO”...</p>
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    <h3>AI Summary</h3>
    <p>Phillips Edison &amp; Company (PECO) reported strong Q4 and full-year 2025 results, with net income growing significantly. Guidance for 2026 indicates continued growth, solidifying PECO&#039;s market position and operational momentum.</p>
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    <h3>Key Points</h3>
    <ul><li>PECO reports Q4 2025 net income of $47.5 million.</li><li>Nareit FFO per share for 2025 increased by 7.2%.</li><li>Same-center NOI grew 3.8% for full year 2025.</li><li>Record-high inline occupancy reached 95.1% as of Dec 2025.</li><li>Strong 2026 guidance projects FFO growth in mid-to-high single digits.</li></ul>
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    <h3>Companies Mentioned</h3>
    <ul><li><strong>Kroger (KR)</strong>: Major grocery anchor in PECO&#039;s portfolio.</li><li><strong>Safeway</strong>: Key tenant in recent acquisitions.</li><li><strong>Publix (PUSH)</strong>: Regional grocery anchor contributing to stability.</li><li><strong>Albertsons (ACI)</strong>: Another prominent grocery anchor in PECO&#039;s centers.</li></ul>
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  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This news fits the &#039;Corporate Developments&#039; category as it highlights PECO&#039;s earnings performance and strategic outlook, which significantly impacts investor sentiment and potential stock performance.</p>
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    <h3>Market-Moving</h3>
    <ul><li>Guided FFO per share for 2026 is projected between $2.65 - $2.71.</li><li>Increased same-center NOI by 3.8% indicates strong operational performance.</li><li>Record occupancy rates could lead to higher rental income growth.</li><li>Ongoing acquisition strategy may further enhance portfolio strength.</li></ul>
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    <h3>Key Facts</h3>
    <ul><li>Q4 2025 net income: $47.5 million, or $0.38 per share.</li><li>2025 Nareit FFO per share: $2.54, up 7.2% YoY.</li><li>Leased inline occupancy reached record-high of 95.1% as of December 2025.</li><li>2026 guidance projects Same-Center NOI growth of 3% - 4%.</li><li>Total liquidity as of December 31, 2025: $925.1 million.</li></ul>
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    <h3>Trading Thesis</h3>
    <p>PECO shares are expected to appreciate in the short term based on strong earnings and positive guidance.</p>
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    <h2>Phillips Edison & Company (PECO) Reports Strong Fourth Quarter and Full Year 2025 Financial Results</h2>
    <p>CINCINNATI, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: <strong>PECO</strong>), a leading owner and operator of grocery-anchored neighborhood shopping centers, has released its financial and operating results for the fourth quarter and the full year ending December 31, 2025. The company reported significant growth in net income and funds from operations, marking a positive trajectory as it enters 2026.</p>
    
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        <h3>Key Financial Highlights</h3>
        <p>For the fourth quarter of 2025, <strong>PECO</strong> achieved:</p>
        <ul>
            <li>Net income attributable to stockholders of <strong>$47.5 million</strong>, or <strong>$0.38 per diluted share</strong>.</li>
            <li>Nareit FFO (Funds from Operations) of <strong>$88.8 million</strong>, equating to <strong>$0.64 per diluted share</strong>.</li>
            <li>Core FFO of <strong>$91.1 million</strong>, or <strong>$0.66 per diluted share</strong>.</li>
            <li>A year-over-year increase in same-center NOI (Net Operating Income) of <strong>3.2%</strong>.</li>
        </ul>
        <p>For the full year 2025, <strong>PECO</strong> reported:</p>
        <ul>
            <li>Net income attributable to stockholders of <strong>$111.3 million</strong>, or <strong>$0.89 per diluted share</strong>.</li>
            <li>Nareit FFO of <strong>$353.1 million</strong>, representing a <strong>9.1% increase</strong> from 2024.</li>
            <li>Core FFO of <strong>$360.7 million</strong>, reflecting an <strong>8.7% increase</strong>.</li>
            <li>Same-center NOI growth of <strong>3.8%</strong> for the year.</li>
        </ul>
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        <h3>Operational Performance and Portfolio Overview</h3>
        <p>As of December 31, 2025, <strong>PECO</strong>'s portfolio comprised 297 properties, totaling approximately 33.5 million square feet. Key operational metrics included:</p>
        <ul>
            <li>Leased portfolio occupancy at <strong>97.3%</strong>.</li>
            <li>Same-center leased portfolio occupancy at <strong>97.6%</strong>.</li>
            <li>Leased inline occupancy reaching a record high of <strong>95.1%</strong>.</li>
        </ul>
        <p>During the fourth quarter, <strong>PECO</strong> executed 246 leases totaling around 1.4 million square feet. Additionally, the company generated an impressive rent spread of <strong>34.3%</strong> for new leases and <strong>20.0%</strong> for renewal leases.</p>
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        <h3>Management Insights</h3>
        <p>Jeff Edison, Chairman and CEO of <strong>PECO</strong>, highlighted the company's robust performance in 2025, stating, “Retailer demand remains strong for well-located, grocery-anchored shopping centers. We are excited about 2026 and are confident in our ability to deliver solid growth well beyond.” He noted the company’s targets for 2026, anticipating Same-Center NOI growth between 3% to 4% and continued Nareit and Core FFO per share growth in the mid-to-high single digits.</p>
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        <h3>Transaction Activity and Future Prospects</h3>
        <p>In 2025, <strong>PECO</strong> completed acquisitions totaling <strong>$395.5 million</strong>, including 18 shopping centers and land for future development. Noteworthy transactions in the fourth quarter included:</p>
        <ul>
            <li>Acquisition of two shopping centers valued at <strong>$76.1 million</strong>.</li>
            <li>Sales of assets totaling <strong>$145.4 million</strong>, including nine shopping centers.</li>
        </ul>
        <p>Subsequent to the quarter, <strong>PECO</strong> acquired additional assets worth <strong>$77.0 million</strong>.</p>
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        <h3>Conclusion</h3>
        <p>The financial results and operational achievements of <strong>PECO</strong> for 2025 underscore the company's strategic focus on high-quality, grocery-anchored shopping centers, positioning it well for future growth. Stakeholders can anticipate sustained momentum as <strong>PECO</strong> navigates into 2026 with a strong foundation and optimistic outlook.</p>
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Phillips Edison & Company (PECO) reported strong Q4 and full-year 2025 results, with net income growing significantly. Guidance for 2026 indicates continued growth, solidifying PECO's market position and operational momentum.

Phillips Edison & Company Reports Fourth Quarter and Full Year 2025 Results

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

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