Regency Centers Earnings Reports

Regency Centers reported a strong fourth quarter in 2024, marked by robust tenant demand, record-high occupancy levels, and significant value creation through its investments platform. The company's Same Property portfolio reached 96.7% leased, accompanied by strong rent growth and a high volume of development and redevelopment starts.

Regency Centers reported strong third quarter results, highlighted by a 4.9% increase in Same Property NOI and an increase in Same Property percent leased to 96.1%. The company raised its 2024 Nareit FFO and Core Operating Earnings guidance, reflecting confidence in continued success.

Regency Centers reported a strong second quarter with increased Net Income Attributable to Common Shareholders, Nareit FFO, and Core Operating Earnings. The company raised its 2024 Nareit FFO and Core Operating Earnings guidance, reflecting confidence in its performance and future growth.

Regency Centers reported a successful quarter with strength in tenant demand driving robust activity across operating shopping centers and development business. Same Property percent leased increased by 90 basis points year-over-year to 95.8%, and Same Property shop percent leased increased by 150 basis points year-over-year to a Company record high of 93.5%.

Regency Centers reported a decrease in net income per diluted share from $0.56 in Q4 2022 to $0.47 in Q4 2023. Nareit FFO was reported as $1.02 per diluted share, and Core Operating Earnings were $0.99 per diluted share.

Regency Centers reported strong third-quarter results, driven by positive momentum in their business, robust tenant demand, and progress in their value creation pipeline. The company completed the acquisition of Urstadt Biddle, acquired two additional shopping centers, and raised their dividend. Same Property NOI grew by 2.9%, and Same Property percent leased increased to 95.4%.

Regency Centers reported Net Income of $0.51 per diluted share and Core Operating Earnings of $0.96 per diluted share for the second quarter. The company raised its 2023 Nareit FFO and Core Operating Earnings guidance. Same Property NOI increased by 3.6%, excluding lease termination fees and the collection of receivables reserved during 2020-2021.

Regency Centers reported a Net Income of $0.57 per diluted share for the first quarter of 2023, compared to $1.14 per diluted share for the same period in 2022. Nareit FFO was reported at $1.08 per diluted share, and Core Operating Earnings were $1.03 per diluted share. The company increased Same Property NOI by 6.3% and Same Property percent leased by 80 basis points year-over-year.

Regency Centers reported Net Income of $0.56 per diluted share for the fourth quarter, compared to $0.39 per diluted share for the same period in 2021. Nareit FFO was $1.05 per diluted share, and Core Operating Earnings were $0.98 per diluted share. Same Property percent leased increased to 95.1%.

Regency Centers reported Net Income of $0.51 per diluted share and Nareit FFO of $1.01 per diluted share for the third quarter of 2022. The company raised its 2022 Nareit FFO guidance to a range of $4.00 to $4.03 per diluted share and increased Same Property NOI excluding lease termination fees and prior year collections by 2.6%.

Regency Centers reported solid second-quarter results, with Net Income of $0.61 per diluted share and Nareit FFO of $1.00 per diluted share. The company raised its full-year guidance and highlighted its ESG achievements. Same Property NOI excluding lease termination fees and prior year collections increased by 3.1%.

Regency Centers reported a strong first quarter in 2022, with Net Income of $1.14 per diluted share and Nareit FFO of $1.03 per diluted share. The company also raised its 2022 Nareit FFO guidance to a range of $3.84 to $3.90 per diluted share.

Regency Centers reported a strong fourth quarter in 2021, with an increase in net income and Nareit FFO. The company also saw an increase in same-property net operating income and percent leased.

Regency Centers reported third quarter 2021 financial results, with Net Income of $0.69 per diluted share. Same Property Net Operating Income increased 24.4% during the third quarter over the same period a year ago. The company increased percent leased by 90 basis points sequentially to 93.8% in the Same Property portfolio as of September 30, 2021.

Regency Centers reported Net Income of $0.56 per diluted share for the second quarter of 2021, compared to $0.11 per diluted share for the same period in 2020. Nareit FFO was $0.99 per diluted share. Same Property Net Operating Income, excluding lease termination fees, increased 30.8% compared to the same period in 2020.

Regency Centers reported a net income of $0.47 per diluted share for the quarter ended March 31, 2021, compared to a net loss of ($0.15) per diluted share for the same period in 2020. The company realized a percent leased of 92.5% in the same property portfolio as of March 31, 2021 and collected 93% of first quarter pro-rata base rent as of May 3, 2021.

Regency Centers reported a Net Income of $0.23 per diluted share for the fourth quarter of 2020. Nareit FFO was $0.76 per diluted share, impacted by one-time items and uncollectible lease income related to the COVID-19 pandemic. Same property NOI, excluding termination fees, decreased by 10.5%.

Regency Centers reported Net Income for the third quarter of $12.7 million, or $0.07 per diluted share. The Company reported Nareit FFO for the third quarter of $101.7 million, or $0.60 per diluted share. Third quarter same property NOI, excluding termination fees, declined by 15.2% compared to the same period in 2019.

Regency Centers reported a Net Income of $19.0 million, or $0.11 per diluted share, and NAREIT FFO of $104.7 million, or $0.61 per diluted share, for the second quarter of 2020. The company's properties have remained open during the pandemic, with approximately 95% of tenants open as of the end of July. 72% of second quarter pro-rata base rent was collected through July 31, 2020 (77% when including executed rent deferral agreements).

Regency Centers reported a Net Loss of ($0.15) per diluted share for the first quarter of 2020. Same property Net Operating Income declined by 0.7% compared to the same period in 2019. As of March 31, 2020, the same property portfolio was 95.0% leased.

Regency Centers reported solid earnings growth and healthy leasing volumes for Q4 2019. The company's same property portfolio was 95.1% leased as of December 31, 2019. Total comparable leasing volume was 1.8 million square feet with rent spreads of 11.3%.