Phillips Edison & Company(US:PECO)2025-04-25 15:08Financial Performance & Guidance - Q1 2025 Net Income per Share was $0.21[61] - Full Year 2025 Net Income per Share guidance is $0.58 - $0.63[61] - Full Year 2025 Nareit FFO per Share guidance is $2.47 - $2.54[61] - Full Year 2025 Core FFO per Share guidance is $2.52 - $2.59[61] - Same-Center NOI is expected to grow by 3.00% - 3.50% for the full year 2025[61] Portfolio & Acquisitions - The company's dividend yield as of March 31, 2025, is based on an annualized rate of $1.23 per share[8, 24] - Year-to-date acquisitions totaled $146.4 million[61] - The company anticipates acquisitions between $350 million and $450 million for the full year 2025[61] - In 2025, the company acquired properties with a total GLA of 602,160 square feet for $174.195 million, with a leased occupancy of 91.9% at acquisition[59] Property Portfolio - Grocery-anchored centers benefit from macroeconomic trends[12] - Grocery foot traffic remains strong[19] - As of March 31, 2025, a significant percentage of the company's ABR (Annual Base Rent) comes from grocery-anchored tenants[18, 44]