Phillips Edison & Company reported second quarter 2026 net income attributable to stockholders of $41.1 million, or $0.33 per diluted share, and raised its full-year 2026 earnings guidance. The company posted Nareit FFO of $0.67 per diluted share, representing 8.1% year-over-year growth, and Core FFO of $0.69 per diluted share, up 7.8% year-over-year. Same-center NOI increased 3.8% to $120.6 million, while leased portfolio occupancy reached 97.3% and same-center leased inline occupancy hit a record-high 95.5%. The updated full-year 2026 guidance includes a Core FFO per diluted share range of $2.73 to $2.79 and gross acquisitions guidance of $500 million to $600 million. During the quarter, the company acquired six shopping centers and one outparcel for a total of $152.4 million at its prorated share and sold $64.6 million in assets.
Phillips Edison & Co IncReported strong Q2 2026 earnings, raised full-year guidance, and showed growth in FFO and occupancy.