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Phillips Edison & Company(PECO) - 2024 Q2 - Quarterly Results
2024-07-25 20:22
3 Table of Contents INTRODUCTORY NOTES F I N A N C I A L R E S U L T S E a r nin g s R ele a s e O v e r vie w o f R e s ult s F I N A N C I A L S U M M A RY C o n s olid a t e d B ala n c e S h e e t s C o n s olid a t e d S t a t e m e n t s o f O p e r a tio n s C o n s olid a t e d S t a t e m e n t s o f O p e r a tio n s ( Q u a r t e rly ) N a r eit F F O , C o r e F F O , a n d A d j u s t e d F F O N a r eit F F O , C o r e F F O , a n d A d j u s t e d F F O ( Q u a r t e rly ) E B I T D A r e M e ...
Phillips Edison & Company Reports Second Quarter 2024 Results and Reaffirms Full Year Earnings Guidance
Newsfilter· 2024-07-25 20:19
Hannah Harper, Manager of Investor Relations (513) 824-7122 hharper@phillipsedison.com L PHILLIPS EDISON & COMPANY Highlights for the Second Quarter Ended June 30, 2024 Jeff Edison, Chairman and Chief Executive Officer of PECO stated: "The PECO team delivered another solid quarter of growth and market-leading operating metrics. Year to date, same-center NOI increased by 2.8%, Nareit FFO increased 4.1% and Core FFO increased 3.7%. The continued strength of our operating performance is attributable to our dif ...
Phillips Edison & Company Reports Second Quarter 2024 Results and Reaffirms Full Year Earnings Guidance
GlobeNewswire News Room· 2024-07-25 20:19
Total equity Total liabilities and equity Accordingly, Nareit FFO and Core FFO should be reviewed in connection with other GAAP measurements, and should not be viewed as more prominent measures of performance than net income (loss) or cash flows from operations prepared in accordance with GAAP. The Company's Nareit FFO and Core FFO, as presented, may not be comparable to amounts calculated by other REITs. (1) Realized performance income includes fees received related to the achievement of certain performanc ...
Phillips Edison & Company Wins Top AI Award at Realcomm Conference
Newsfilter· 2024-07-15 20:05
Connect with PECO: For additional information, please visit https://www.phillipsedison.com/ Follow PECO on: Twitter at https://twitter.com/PhillipsEdison Facebook at https://www.facebook.com/phillipsedison.co Instagram at https://www.instagram.com/phillips.edison/; and Find PECO on LinkedIn at https://www.linkedin.com/company/phillipsedison&company About Phillips Edison & Company CINCINNATI, July 15, 2024 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (NASDAQ:PECO) ("PECO"), one of the nation's largest ...
Phillips Edison & Company Wins Top AI Award at Realcomm Conference
GlobeNewswire News Room· 2024-07-15 20:05
CINCINNATI, July 15, 2024 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) ("PECO"), one of the nation's largest owners and operators of grocery-anchored neighborhood shopping centers, was honored June 20 at the 2024 Realcomm Conference in Tampa with a Digie Award. PECO was awarded for its achievements in integrating artificial intelligence into its business operations to create efficiencies, enhance productivity and collaboration and support growth initiatives. PECO's in-house developed A ...
Phillips Edison & Company Announces Appointment of Devin Murphy to Board of Directors
Newsfilter· 2024-07-01 20:05
CINCINNATI, July 01, 2024 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (NASDAQ:PECO) ("PECO" or the "Company"), one of the nation's largest owners and operators of grocery-anchored neighborhood shopping centers, today announced that on June 25, 2024, its Board of Directors (the "Board") increased the size of the Board from nine to 10 members and appointed Devin Murphy to the Board, effective July 2, 2024. Mr. Murphy served as President of PECO from August 2019 until December 31, 2023. Prior to that, ...
Phillips Edison & Company Announces Appointment of Devin Murphy to Board of Directors
GlobeNewswire News Room· 2024-07-01 20:05
CINCINNATI, July 01, 2024 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) ("PECO" or the "Company"), one of the nation's largest owners and operators of grocery-anchored neighborhood shopping centers, today announced that on June 25, 2024, its Board of Directors (the "Board") increased the size of the Board from nine to 10 members and appointed Devin Murphy to the Board, effective July 2, 2024. Jeff Edison, Chairman and Chief Executive Officer stated, "We are excited to welcome Devin to P ...
Phillips Edison & Company Inc. Invites You to Join Its Second Quarter 2024 Earnings Conference Call
Newsfilter· 2024-06-17 20:05
Second Quarter 2024 Earnings Conference Call Details: A webcast replay will be available approximately one hour after the conclusion of the presentation using the same link. Webcasts are archived on PECO's Investor Relations website. For additional information, please visit https://www.phillipsedison.com/ Follow PECO on: Twitter at https://twitter.com/PhillipsEdison Facebook at https://www.facebook.com/phillipsedison.co Instagram at https://www.instagram.com/phillips.edison/; and Find PECO on LinkedIn at ht ...
Phillips Edison & Company Inc. Invites You to Join Its Second Quarter 2024 Earnings Conference Call
GlobeNewswire News Room· 2024-06-17 20:05
CINCINNATI, June 17, 2024 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) ("PECO"), one of the nation's largest owners and operators of grocery-anchored neighborhood shopping centers, will announce its Second Quarter 2024 earnings results on Thursday, July 25, 2024, after the market closes. PECO's earnings release and supplemental information package will be posted on the Investor Relations section of the Company's website at https://investors.phillipsedison.com/. Chairman and Chief Execu ...
HRP CEO Roberto E. Perez Joins PECO Board of Directors
prnewswire.com· 2024-05-21 16:21
PHILADELPHIA, May 21, 2024 /PRNewswire/ -- Hilco Redevelopment Partners (HRP) today announced the appointment of founder and CEO Roberto E. Perez to the board of directors for PECO, Pennsylvania's largest electric and natural gas distribution company. Perez brings significant experience with land development and energy infrastructure through HRP's work transforming obsolete industrial assets into modern economic engines, including the redevelopment of 1300 acres in South Philadelphia into The Bellwether Dis ...