Regency Centers (REG) Q4 FFO and Revenues Top Estimates

Core Viewpoint - Regency Centers (REG) reported quarterly funds from operations (FFO) of $1.09 per share, exceeding the Zacks Consensus Estimate of $1.07 per share, and showing an increase from $1.02 per share a year ago, indicating a positive trend in performance [1][2] Financial Performance - The company achieved revenues of $372.54 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 1.85% and up from $359.6 million year-over-year [2] - Over the last four quarters, Regency Centers has consistently exceeded consensus FFO estimates, achieving this four times [2] Market Performance - Regency Centers shares have declined approximately 1.2% since the beginning of the year, contrasting with the S&P 500's gain of 3.1%, indicating underperformance relative to the broader market [3] Future Outlook - The current consensus FFO estimate for the upcoming quarter is $1.12 on revenues of $378.2 million, and for the current fiscal year, it is $4.49 on revenues of $1.54 billion, suggesting expectations for continued growth [7] - The estimate revisions trend for Regency Centers is currently favorable, contributing to a Zacks Rank 2 (Buy) for the stock, indicating expectations for outperformance in the near future [6] Industry Context - The REIT and Equity Trust - Retail industry, to which Regency Centers belongs, is currently ranked in the top 32% of over 250 Zacks industries, suggesting a favorable industry outlook that could positively impact stock performance [8]