Regency Centers Reports Second Quarter 2020 Results and Provides Business Update Related to COVID-19

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Go back to Regency Centers Reports Second Quarter 2020 Results and Provides Business Update Related to COVID-19

Regency Centers (REG) Misses Q2 EPS by 16c

August 3, 2020 4:25 PM EDT

Regency Centers (NASDAQ: REG) reported Q2 EPS of $0.11, $0.16 worse than the analyst estimate of $0.27.

Second Quarter 2020 Highlights

For the three months ended June 30, 2020, Net Income Attributable to Common Stockholders (Net Income) of $0.11 per diluted share.For the three months ended June 30, 2020, NAREIT Funds From Operations (NAREIT FFO) of $0.61 per diluted share.Same property Net Operating Income (NOI), excluding termination fees, declined by 20.1%, as compared to the three months ended June 30, 2019, driven by a higher rate of... More