Phillips Edison & Company Reports First Quarter 2026 Results
Phillips Edison & Company reported Q1 2026 net income of $30.4 million, or $0.24 per share, with Core FFO rising 6.2% year-over-year to $0.69 per share. Operating metrics remained robust, featuring 97.1% portfolio occupancy and record-high rent spreads on new leases, including a 37.9% jump on comparable inline new leases.
Key figures
- Eps
- 0.24
- Guidance
- Core FFO per share $2.72 - $2.78
- Core ffo q1
- 0.69
- Nareit ffo q1
- 0.67
- Same center noi growth
- 3.5%
AI analysis
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