Regency Centers Q2 2021 Earnings Report
Key Takeaways
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.
Reported Nareit FFO of $0.99 per diluted share for the second quarter
Updated 2021 Nareit FFO guidance to a range of $3.74 – $3.82 per diluted share
Reported that Same Property Net Operating Income excluding lease termination fees, increased 30.8% during the second quarter over the same period a year ago
Increased percent leased by 40 basis points sequentially to 92.9% in the Same Property portfolio as of June 30, 2021
Regency Centers
Regency Centers
Forward Guidance
Regency Centers provided updated 2021 guidance concurrently with the second quarter 2021 earnings release.