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Regency Centers Updates FY17 Earnings Guidance; Announces 2018 Guidance

Regency Centers Corp. (REG) announced the company now expects fiscal 2017 core FFO per share in the range of $3.68 - $3.70, updated from previous guidance of $3.66 - $3.70. NAREIT FFO per share is now expected in the range of $3.09 - $3.11, compared to prior guidance range of $3.00 - $3.05.

For fiscal 2018, the company expects core FFO to be $3.76 to $3.83 per share. NAREIT FFO is expected to be $3.73 to $3.82 per share. Operating FFO per share is expected to be in a range of $3.48 - $3.54. The company noted that it will provide guidance on operating FFO on a go-forward basis.

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