Phillips Edison Posts $193.1M in Q3 Revenue
PECO sits 17% above its 52-week low of $33.1.
Summary
Phillips Edison reported third-quarter revenue of $193.1M and Q3 EPS of USD 0.49. The headline gives only the top line and EPS — no Core FFO, same-center NOI, or guidance update — so the read-through versus the $0.69 Core FFO and 3.8% same-center NOI growth posted in Q2 is not yet clear. This lands after the October 1 reaffirmation of full-year 2026 Core FFO growth of 6.2% and the raised $600M-$700M acquisitions outlook, so the quarter's FFO and same-center NOI figures are what determine whether that guidance holds. The $400M ATM program remains the dilution backdrop for any equity raised during the quarter.
At the time of this announcement, PECO was trading at $38.60 on NASDAQ in the Real Estate & Construction sector, with a market capitalization of approximately $5.4B. The 52-week trading range was $33.10 to $44.38. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.