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Phillips Edison Q2 FY26 net income more than doubled to $41.1 million; Nareit FFO per share rises 8.1% to $0.67

PUBT·07/23/2026 20:43:59
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Phillips Edison Q2 FY26 net income more than doubled to $41.1 million; Nareit FFO per share rises 8.1% to $0.67
  • Phillips Edison posted Q2 net income attributable to stockholders of USD 41.1 million, more than doubled from a year earlier, or USD 0.33 a share.
  • Nareit FFO rose 8.1% from a year earlier to USD 0.67 per diluted share; core FFO climbed 7.8% to USD 0.69.
  • Same-center NOI increased 3.8% year over year to USD 120.6 million; leased portfolio occupancy edged down 0.1 percentage point to 97.3%.
  • Acquired USD 152.4 million of shopping centers and an outparcel at its prorated share, sold USD 64.6 million of assets; later sold another USD 39.7 million.
  • Raised full-year guidance for net income to USD 0.95-USD 0.97 per diluted share; lifted gross acquisitions outlook to USD 500 million-USD 600 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Phillips Edison & Co. Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607231616PRIMZONEFULLFEED9767414) on July 23, 2026, and is solely responsible for the information contained therein.