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Dec 31, 2019

Regency Centers Q4 2019 Earnings Report

Regency Centers reported financial and operating results, with net income of $0.24 per diluted share and NAREIT FFO of $1.00 per diluted share for the fourth quarter.

Key Takeaways

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%.

Net Income Attributable to Common Stockholders was $0.24 per diluted share.

NAREIT Funds From Operations (FFO) was $1.00 per diluted share.

Same property portfolio was 95.1% leased as of December 31, 2019.

Total comparable leasing volume of 1.8 million square feet of new and renewal leases, with total rent spreads of 11.3%.

Total Revenue
$289M
Previous year: $285M
+1.5%
EPS
$1
Previous year: $0.98
+2.0%
Percent Leased
95.1%

Regency Centers

Regency Centers

Forward Guidance

Regency Centers issued initial 2020 guidance concurrently with the fourth quarter 2019 earnings release.