Phillips Edison REIT

Q2 FY2026 EarningsQ2 FY26 beat consensus across key metrics: revenue $189.6M vs. $187.6M expected, and gross margin 82.6% vs. 67.5% expected. GAAP EPS of $0.33 significantly outperformed the $0.18 consensus, primarily driven by a $19.4M gain on property disposals. Rental income grew 6.3% YoY behind a $0.56 increase in average rent PSF and strong same-center NOI growth of 3.8%.