Regency Centers Corporation (REG) Monday reported third-quarter net income of $98.1 million, or $0.54 per share, compared to $89.1 million, or $0.50 per share, for the same period in 2023.
Third-quarter Nareit FFO was $195.1 million, or $1.07 per share, compared to $182.8 million, or $1.02 per diluted share last year.
Third-quarter core operating earnings was $187.8 million or $1.03 per share, compared to $174.0 million, or $0.97 per share last year.
Analysts polled by Thomson Reuters expected earnings of $0.45 per share for the quarter.
Looking forward to the full year 2024, the company now expects earnings of $2.13 to $2.15 per share, $4.27 - $4.29 per share and core operating earnings of $4.12 - $4.14 per share.
Previously, the company expected earnings of $2.02 - $2.06 per share, Nareit FFO of $4.21 - $4.25 per share and core operating earnings of $4.06 - $4.10 per share.
Analysts currently estimate earnings of $2.02 per share.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.