Phillips Edison & Co.

Phillips Edison & Company, Inc. ( PECO ) Q3 2026 Earnings Call October 27, 2026 12:00 PM EDT Company Participants Kimberly Green - Senior VP & Head of Investor Relations Jeffrey Edison - Co-Founder, Chairman & CEO Robert Myers - President John Caulfield - Executive VP, CFO & Treasurer Conference Call Participants Haendel St. Juste - Mizuho Securities USA LLC, Research Division Andrew Reale - BofA Securities, Research Division Michael Griffin - Evercore ISI Institutional Equities, Research Division Caitlin Burrows - Goldman Sachs Group, Inc., Research Division James Feldman - Wells Fargo Securities, LLC, Research Division Richard Hightower - Barclays Bank PLC, Research Division Caroline Gundeck - Morgan Stanley Sean Kataoka Glass - KeyBanc Capital Markets Inc., Research Division Connor Mitchell - UBS Investment Bank, Research Division Jakub Dingo - JPMorgan Chase & Co, Research Division Eric Borden - BMO Capital Markets Equity Research Floris Gerbrand Van Dijkum - Ladenburg Thalmann & Co. Inc., Research Division Paulina Rojas Schmidt - Green Street Advisors, LLC, Research Division Presentation Operator Good day, and welcome to Phillips Edison & Company's Third Quarter 2026 Earnings Call. Please note that this call is being recorded.

Phillips Edison & Company, Inc. NASDAQ: PECO reported third-quarter results marked by higher rental rates, strong tenant retention and continued acquisition activity, while raising the midpoints of its 2026 earnings guidance.

Phillips Edison, a grocery-anchored real estate investment trust, just released its Q3, and the results came in stronger than expected. The REIT also increased the midpoint of its full-year guidance for both core funds from operations and same-center net operating income. The dividend payout, which is paid monthly, was also recently increased by 6%.

CINCINNATI, Oct. 26, 2026 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation's largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, today announced that it has closed on a new $350 million unsecured term loan facility. The term loan facility has a three-year term maturing on October 23, 2029 and will initially bear interest at an annual rate of SOFR plus 0.80%, with future pricing subject to adjustment based on the Company's credit ratings and leverage ratio.