Regency Centers Updates FY16 Guidance - Quick Facts

(RTTNews) - Regency Centers Corp. (REG) announced the company now expects fiscal 2016 NAREIT FFO per share in a range of $3.22 - $3.28, compared to previous guidance range of $3.18 - $3.24. Analysts polled by Thomson Reuters expect the company to report profit per share of $3.24. Analysts' estimates typically exclude special items.

Regency reported net income attributable to common stockholders for the first quarter of $47.9 million, or $0.49 per share, compared to $25.2 million, or $0.27 per share, for the same period in 2015. The company reported NAREIT FFO for the first quarter of $84.4 million, or $0.86 per share, compared to $69.6 million, or $0.74 per share, for the same period in 2015.

Core FFO for the first quarter was $78.8 million, or $0.80 per share, compared to $69.5 million, or $0.74 per share, for the same period in 2015.