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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.
Nareit FFO of $1.02 per diluted share for the fourth quarter, including the impact of merger transition expense of $0.02 per diluted share.
Core Operating Earnings of $0.99 per diluted share for the fourth quarter.
Same Property NOI increased year-over-year by 1.4% in the fourth quarter.
Same Property percent leased increased by 60 basis points year-over-year to 95.7%.
Regency Centers has provided initial 2024 guidance.