February 2025 Investor Presentation GROCERY CENTERED. COMMUNITY FOCUSED PECO | NASDAQ LISTED GROCERY CENTERED. COMMUNITY FOCUSED | 2 Safe Harbor and Non-GAAP Disclosures PECO's Safe Harbor Statement This presentation contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forwar ...

Phillips Edison & Company, Inc. (PECO) reported $173.05 million in revenue for the quarter ended December 2024, representing a year-over-year increase of 12%. EPS of $0.62 for the same period compares to $0.11 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $170.91 million, representing a surprise of +1.25%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.62.While investors closely watch year-over-year changes in headline numbers -- revenue an ...

Phillips Edison & Company, Inc. (PECO) came out with quarterly funds from operations (FFO) of $0.62 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.58 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this company would post FFO of $0.61 per share when it actually produced FFO of $0.62, delivering a surprise of 1.64%.Over the last four quarters, the company has surpassed consensus FFO estimates just once.Phillips Edi ...

Table of Contents INTRODUCTORY NOTES F I N A N C I A L R E S U L T S E a r nin g s R ele a s e O v e r vie w o f R e s ult s F I N A N C I A L S U M M A RY | C | o | n | s | olid | a | t | e | d | B | ala | n | c | e | S | h | e | e | t | s | 1 | 3 | C | o | n | s | olid | a | t | e | d | S | t | a | t | e | m | e | n | t | s | o | f | O | p | e | r | a | tio | n | s | 1 | 4 | | | | | | | | | | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | -- ...

CINCINNATI, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, today reported financial and operating results for the fourth quarter and full year ended December 31, 2024 and provided guidance for 2025. For the fourth quarter and full year ended December 31, 2024, net income attributable to stockholders was $18.1 million, or $0.15 per dilu ...

NEW YORK, Jan. 21, 2025 /PRNewswire/ -- Cohen & Steers Income Opportunities REIT, Inc. ("CNSREIT") announced today its acquisition of Oak Grove Shoppes, a grocery-anchored shopping center in Orlando, Florida, with Phillips Edison & Company (NASDAQ: PECO – "PECO"), a publicly-traded owner and operator of grocery-anchored shopping centers in the U.S. This is the second acquisition in a programmatic joint venture targeting $300 million in equity and owned 80% by CNSREIT and 20% by PECO. The joint venture is fo ...

Tax Reporting Information - The company announced its tax reporting information for the 2024 distributions to holders of its common stock, detailing per-share distributions for each quarter [1] - The total distribution per share was $0.097500 for the first nine months of 2024, increasing to $0.102500 for the last three months [1] - Ordinary dividends accounted for $0.075454 per share for the first nine months and $0.079324 for the last three months [1] - The return of capital (nontaxable distribution) was $0.022046 per share for the first nine months and $0.023176 for the last three months [1] - No capital gain distributions were reported for any period in 2024 [1] Company Overview - The company is one of the largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers in the US [4] - Founded in 1991, the company operates a vertically-integrated platform with a national footprint of well-occupied shopping centers [4] - As of September 30, 2024, the company managed 311 shopping centers, including 290 wholly-owned centers comprising 32.9 million square feet across 31 states [4] - The company's top grocery anchors include Kroger, Publix, Albertsons, and Ahold Delhaize [4] Investor Relations - The company uses its Investors website as a primary means of disclosing material nonpublic information and complying with Regulation FD [5] - Investors can contact the company via email at InvestorRelations@phillipsedison.com [6]

CINCINNATI, Jan. 09, 2025 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (NASDAQ:PECO) ("PECO" or the "Company"), one of the nation's largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, today announced the closing of the second amendment to its unsecured revolving credit facility (the "Revolving Credit Facility"). The amendment increases the size of the Revolving Credit Facility to $1.0 billion (from $800 million) and extends the maturity date to January 9, 202 ...

CINCINNATI, Jan. 09, 2025 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, today announced the closing of the second amendment to its unsecured revolving credit facility (the “Revolving Credit Facility”). The amendment increases the size of the Revolving Credit Facility to $1.0 billion (from $800 million) and extends the maturity date to January 9, 20 ...

CINCINNATI, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (NASDAQ:PECO) ("PECO" or the "Company"), one of the nation's largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, will announce its Fourth Quarter and Full Year 2024 earnings results on Thursday, February 6, 2025, after the market closes. PECO's earnings release and supplemental information package will be posted on the Investor Relations section of the Company's website at https://investor ...