Phillips Edison & Co Inc

Phillips Edison & Co., Inc. is a real estate investment trust, which engages in the ownership and operation of shopping centers. It also engages in investment management business providing property management and advisory services. Its portfolio consists of well-occupied, grocery-anchored neighborhood and community shopping centers having a mix of national, regional, and local retailers offering necessity-based goods and services. The company was founded by Jeffrey S. Edison and Michael C. Phillips in 1991 and is headquartered in Cincinnati, OH.

Earnings data Q2 2021

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Earnings data Q1 2022

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Earnings data Q4 2024

PECO reports robust growth in 2022, eyes sustainable expansion

PECO's strong financial performance and strategic focus on grocer-anchored centers position it for continued growth.
Challenges in managing debt, addressing maturities, and potential economic headwinds require careful planning.
Opportunities in outparcel development, tenant diversification, and sustainable growth strategies offer avenues for expansion.

PECO excels in Q1 with record occupancy and strategic growth

PECO delivered a strong quarter with notable financial performance and strategic achievements.
The company's focus on necessity-based goods, strong leasing spreads, and diverse portfolio positions it well for growth.
Challenges include deal activity, term loan maturities, and managing seasonality impacts.
Opportunities lie in backfilling spaces, optimizing occupancy levels, and negotiating rent bumps for revenue growth.

Phillips Edison & Co Inc (PECO) reports record performance and growth outlook

PECO's Q2 2023 earnings call highlighted strong operational performance, strategic focus on grocery-anchored centers, and positive outlook on financial metrics. The company aims for continued growth through internal strategies, acquisitions, and prudent financial management amidst market challenges and opportunities.

Phillips Edison & Co Inc (PECO) reports strong Q3 performance and strategic growth focus

Phillips Edison & Co Inc (PECO) Q3 2023 Earnings Call reflects solid performance, strategic focus on core assets, and commitment to growth strategies. The company navigates challenges while capitalizing on opportunities in the market.

PECO reports strong 2023 growth, eyes acquisitions for future expansion

PECO's robust financial performance in 2023, driven by strategic acquisitions and strong operational metrics, positions the company for continued growth. Despite facing interest rate challenges, PECO remains optimistic about its long-term outlook and growth prospects.

PECO reports solid Q1 earnings, eyes growth amid debt challenges

PECO's strong Q1 performance and proactive growth strategy position the company well for the year ahead. Operational strengths in leasing and occupancy, coupled with a disciplined approach to acquisitions, offer growth opportunities. Challenges in managing bad debt and leverage require careful navigation.

PECO reports robust Q2 earnings, eyes expansion through strategic acquisitions

PECO's Q2 performance showcased strong growth and financial stability. The company's focus on grocery-anchored centers and strategic acquisitions is driving success. Addressing challenges and seizing growth opportunities will be key for future performance.

Phillips Edison & Co Inc (PECO) reports strong Q3 performance and growth outlook

Overall, Phillips Edison & Co Inc (PECO) showcased strong operating performance, balance sheet strength, and a positive outlook for future growth. The company's focus on acquisitions, lease renewals, and strategic balance sheet management were key highlights of the earnings call.

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Phillips Edison & Co., Inc. is a real estate investment trust, which engages in the ownership and operation of shopping centers. It also offers an investment management business providing property management and advisory services. Its portfolio consists of well-occupied, grocery-anchored neighborhood and community shopping centers having a mix of national, regional, and local retailers offering necessity-based goods and services. The company was founded by Jeffrey S. Edison and Michael C. Phillips in 1991 and is headquartered in Cincinnati, OH.

Phillips Edison may be a new REIT to many. But I previously worked for the Cincinnati-based firm when they were private.

Phillips Edison: A Secondary Market 'Sharpshooter' To Consider

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CINCINNATI, Aug. 05, 2021 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation's largest owners and operators of grocery-anchored omni-channel neighborhood shopping centers, reported net income attributable to common stockholders of $5.6 million, or $0.06 per diluted share, and $5.7 million, or $0.06 per diluted share, for the three and six months ended June 30, 2021, respectively. All share and per share amounts have been adjusted to give retrospective effect to the one-for-three reverse stock split that was executed on July 2, 2021.

Phillips Edison & Company Reports Second Quarter 2021 Results

CINCINNATI, Aug. 02, 2021 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO”), one of the nation's largest owners and operators of omni-channel grocery-anchored neighborhood shopping centers, announced today that the underwriters of its previously announced initial public offering of 17,000,000 shares of common stock, fully exercised their option to purchase an additional 2,550,000 shares of common stock at the initial public offering price of $28.00 per share, less underwriting discounts and commissions.

Phillips Edison & Company Announces Full Exercise of Underwriters' Option to Purchase Additional Shares in Initial Public Offering

CINCINNATI, July 26, 2021 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO”), one of the nation's largest owners and operators of grocery-anchored shopping centers, plans to issue its second quarter earnings release after market close on Thursday, August 5, 2021. PECO plans to host a conference call and webcast on Friday, August 6, 2021 at 9:00 a.m. Eastern Time to discuss its results.

Phillips Edison & Company to Issue Second Quarter 2021 Earnings Release and Host Results Presentation

CINCINNATI--(BUSINESS WIRE)--Phillips Edison & Company, Inc. (“PECO”), one of the nation's largest owners and operators of omni-channel grocery-anchored neighborhood shopping centers, announced today that it has completed its underwritten initial public offering of 17,000,000 shares of common stock at a price to the public of $28.00 per share. PECO has granted the underwriters a 30-day option to purchase up to an additional 2,550,000 shares of common stock at the initial public offering pri

Phillips Edison & Company Announces Closing of Underwritten Initial Public Offering

Real estate investment trust Phillips Edison & Co Inc's shares opened at $28 in their Nasdaq debut on Thursday, in line with the offer price, giving the company a valuation of more than $3 billion.

Phillips Edison opens flat in Nasdaq debut

News for Phillips Edison & Co Inc Stock (PECO)