Regency Centers (REG) Misses Q2 EPS by 6c; Lowers FY18 EPS Guidance Below Consensus

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Regency Centers Reports Second Quarter 2018 Results

August 2, 2018 4:15 PM EDT

JACKSONVILLE, Fla.--(BUSINESS WIRE)-- Regency Centers Corporation (Regency or the Company) (NYSE: REG) today reported financial and operating results for the period ended June 30, 2018.

Second Quarter 2018 Highlights

Net Income Attributable to Common Stockholders (Net Income) of $0.28 per diluted share. NAREIT Funds From Operations (NAREIT FFO) of $0.93 per diluted share. Same property Net Operating Income (NOI), excluding termination fees, increased 4.2% as compared to the same period in the prior year. As of June 30, 2018, the same property portfolio was 95.5% leased. Spaces less than 10,000 square feet (Small Shops)... More