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Mar 31, 2022
Regency Centers Q1 2022 Earnings Report
Regency Centers reported financial results for the first quarter of 2022 and provided updated guidance for 2022 Nareit FFO.
Key Takeaways
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.
Reported Nareit FFO of $1.03 per diluted share for the first quarter.
Raised 2022 Nareit FFO guidance to a range of $3.84 to $3.90 per diluted share.
Same Property Net Operating Income increased 7.8% excluding lease termination fees.
Increased percent commenced by 30 basis points sequentially to 92.0% and maintained percent leased sequentially at 94.3%.
Regency Centers
Regency Centers
Forward Guidance
Regency Centers updated its 2022 guidance, with Nareit FFO per diluted share expected to be in the range of $3.84 to $3.90.