Phillips Edison Files 8-K on Operations & Financial Condition
Ticker: PECO · Form: 8-K · Filed: Feb 8, 2024 · CIK: 1476204
| Field | Detail |
|---|---|
| Company | Phillips Edison & Company, INC. (PECO) |
| Form Type | 8-K |
| Filed Date | Feb 8, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: financial-condition, results-of-operations, regulation-fd, corporate-update
TL;DR
**Phillips Edison just dropped an 8-K with fresh financial results, so check their numbers!**
AI Summary
Phillips Edison & Company, Inc. filed an 8-K on February 8, 2024, to report on its results of operations and financial condition, as well as to satisfy Regulation FD disclosure requirements. This filing indicates that the company is providing an update on its financial performance, which is crucial for investors to understand the health and trajectory of their investment. For shareholders, this means new financial data is available, which could influence the stock's valuation and future dividend prospects.
Why It Matters
This filing provides investors with the latest financial performance data for Phillips Edison & Company, Inc., enabling them to assess the company's current health and make informed investment decisions.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial results and operations, not indicating any immediate new risks but rather providing transparency.
Analyst Insight
A smart investor would review the full financial statements and results of operations once they are publicly available to understand the specifics of Phillips Edison & Company, Inc.'s performance and any implications for their investment thesis.
Key Players & Entities
- Phillips Edison & Company, Inc. (company) — the registrant filing the 8-K
- February 8, 2024 (date) — date of earliest event reported and filing date
- Maryland (company) — state of incorporation for Phillips Edison & Company, Inc.
- Cincinnati, Ohio (company) — location of principal executive offices for Phillips Edison & Company, Inc.
- $0.01 (dollar_amount) — par value of Common Stock
FAQ
What is the purpose of this 8-K filing by Phillips Edison & Company, Inc.?
This 8-K filing by Phillips Edison & Company, Inc. is primarily for reporting on the company's results of operations and financial condition, and to satisfy Regulation FD disclosure requirements, as indicated by the 'ITEM INFORMATION: Results of Operations and Financial Condition' and 'ITEM INFORMATION: Regulation FD Disclosure' sections.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on February 8, 2024, which is also the date of the report.
What is the state of incorporation for Phillips Edison & Company, Inc.?
Phillips Edison & Company, Inc. is incorporated in Maryland, as stated in the filing.
What is the par value of the Common Stock mentioned in the filing?
The par value of the Common Stock mentioned in the filing is $0.01.
What is the business address and phone number of Phillips Edison & Company, Inc.?
The business address of Phillips Edison & Company, Inc. is 11501 Northlake Drive, Cincinnati, Ohio 45249, and their telephone number is (513) 554-1110.
Filing Stats: 644 words · 3 min read · ~2 pages · Grade level 10.7 · Accepted 2024-02-08 16:20:40
Key Financial Figures
- $0.01 — hange on which registered Common Stock $0.01 par value per share PECO The Nasdaq Glo
Filing Documents
- cik0001476204-20240208.htm (8-K) — 30KB
- pecopressreleaseex991q42023.htm (EX-99.1) — 351KB
- q42023supplemental.htm (EX-99.2) — 2667KB
- chart-0bd62c411b5546eebcca.jpg (GRAPHIC) — 41KB
- chart-1147010d3ec344229fca.jpg (GRAPHIC) — 46KB
- chart-c80cde1fff6e4963b96a.jpg (GRAPHIC) — 50KB
- chart-dd7c9668847f48b9951a.jpg (GRAPHIC) — 46KB
- cik0001476204-20240208_g1.jpg (GRAPHIC) — 330KB
- coverpagea.jpg (GRAPHIC) — 600KB
- pecostackedlogobluea03.jpg (GRAPHIC) — 800KB
- 0001476204-24-000018.txt ( ) — 6216KB
- cik0001476204-20240208.xsd (EX-101.SCH) — 2KB
- cik0001476204-20240208_lab.xml (EX-101.LAB) — 23KB
- cik0001476204-20240208_pre.xml (EX-101.PRE) — 12KB
- cik0001476204-20240208_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition.
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On February 8, 2024 , Phillips Edison & Company, Inc. (the "Company") issued a press release announcing its results for the quarter and year ended December 31, 2023 and provided its full year 2024 guidance. A copy of that press release is attached hereto as Exhibit 99.1 and incorporated herein by reference. A copy of the Company's Fourth Quarter 2023 Supplemental Disclosure is attached hereto as Exhibit 99.2 and incorporated herein by reference. The Company will host a conference call on Friday, February 9, 2024, at 12:00 p.m. Eastern Time to discuss the fourth quarter and year-end results and provide commentary on its business performance and guidance. The conference call can be accessed by dialing (888) 210-4659 (domestic) or (646) 960-0383 (international). A live webcast of the presentation can be accessed by visiting https://events.q4inc.com/attendee/222360532, and a replay of the webcast will be available approximately one hour after the conclusion of the live webcast at the webcast link above. The information in this Current Report on Form 8-K, including Exhibits 99.1 and 99.2, are being furnished to the Securities and Exchange Commission ("SEC"), and shall not be deemed to be "filed" with the SEC for any purpose, including for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section and shall not be deemed to be incorporated by reference into any other filing with the SEC except as expressly set forth by specific reference in such filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description of Exhibit 99.1 Press Release dated February 8, 2024 99.2 Fourth Quarter 2023 Supplemental Disclosure 104 Cover Page Interactive Data File (formatted as inline XBRL)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PHILLIPS EDISON & COMPANY, INC. Dated: February 8, 2024 By: /s/ Jennifer L. Robison Jennifer L. Robison Chief Accounting Officer and Senior Vice President (Principal Accounting Officer)