Phillips Edison & Company — Third Quarter 2026 Earnings Summary

Phillips Edison & Company reported third-quarter 2026 net income of $62.7 million, or $0.49 per diluted share, alongside a 5.3% year-over-year increase in same-center net operating income. The company updated its full-year 2026 guidance, raising the midpoint for Nareit FFO per share to $2.70 and Core FFO per share to $2.77, reflecting strong leasing activity with record renewal rent spreads of 25.2%. During the quarter, the firm acquired $181.8 million in assets and sold $87.1 million, while maintaining a high leased portfolio occupancy rate of 97.5% and a trailing twelve-month net debt to adjusted EBITDAre ratio of 5.2x.