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Phillips Edison Q1 net income rises 15.1% to USD 33.24 million; revenue increases 7% to USD 190.74 million

PUBT·04/24/2026 20:45:01
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Phillips Edison Q1 net income rises 15.1% to USD 33.24 million; revenue increases 7% to USD 190.74 million
  • Phillips Edison posted net income of $33.24 million for quarter ended March 31, 2026, up 15.1%.
  • Revenue rose 7% to $190.74 million on higher rental income.
  • Adjusted EBITDAre climbed to $126.07 million from $117 million.
  • Same-center NOI increased 3.5% to $122.25 million, while total leased occupancy held at 97.1%.
  • Management flagged continued strong tenant demand and sustained leasing momentum, while noting interest-rate volatility and uneven inflation as key uncertainties.


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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001476204-26-000024), on April 24, 2026, and is solely responsible for the information contained therein.