Jacksonville, Florida-based Regency Centers Corporation (REG) is a preeminent owner, operator, and developer of shopping centers located in suburban trade areas with compelling demographics. With a market cap of $12.3 billion, Regency Centers operates as a leading publicly traded retail REIT with thriving properties merchandised with highly productive grocers, restaurants, service providers, and more. It is expected to announce its Q2 earnings after the market closes on Thursday, August 1.
Ahead of the event, analysts expect Regency Centers to report funds from operations (FFO) of $1.02 per share, marginally down from $1.03 per share reported in the year-ago quarter. The company has consistently surpassed or met Wall Street’s FFO estimate in each of the past four quarters. Its FFO per share for the last reported quarter came in at $1.08, mirroring the year-ago quarter figure. However, it exceeded the consensus estimates by 3.9%.
