By Elias Schisgall
Phillips Edison raised its outlook for the full year and issued guidance for 2026.
The real-estate investment trust now anticipates a profit of between 80 cents and 81 cents a share, up from a range of 62 cents to 65 cents a share.
The company also narrowed its outlook for funds from operations, forecasting FFO between $2.53 and $2.54 a share. The company previously guided for FFO between $2.51 and $2.55 a share.
On an adjusted basis, the company now sees core FFO between $2.59 and $2.60 a share, compared with a prior view of $2.57 to $2.61 a share.
Phillips Edison had previously raised its guidance when it released its third-quarter financial results in October.
For 2026, the company is forecasting a profit of between 74 cents and 77 cents a share.
It anticipates FFO to be between $2.65 and $2.71 a share, with core FFO forecasted between $2.71 and $2.77 a share.
Write to Elias Schisgall at elias.schisgall@wsj.com
(END) Dow Jones Newswires
December 17, 2025 10:14 ET (15:14 GMT)
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