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Dec 31, 2022
Regency Centers Q4 2022 Earnings Report
Regency Centers reported strong Q4 2022 results driven by solid leasing activity and increased occupancy.
Key Takeaways
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%.
Reported Nareit FFO of $1.05 per diluted share for the fourth quarter.
Reported Core Operating Earnings of $0.98 per diluted share for the fourth quarter.
Increased Same Property NOI year-over-year, excluding lease termination fees and the collection of 2020 and 2021 receivables reserved, by 5.8% in the fourth quarter.
Increased Same Property percent leased by 80 basis points year-over-year to 95.1%.
Regency Centers
Regency Centers
Forward Guidance
Regency Centers has provided initial 2023 guidance.