Regency Centers (REG) Beats Q2 FFO and Revenue Estimates

Regency Centers (REG) came out with quarterly funds from operations (FFO) of $1.16 per share, beating the Zacks Consensus Estimate of $1.12 per share. This compares to FFO of $1.06 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of +3.57%. A quarter ago, it was expected that this shopping center real estate investment trust would post FFO of $1.14 per share when it actually produced FFO of $1.15, delivering a surprise of +0.88%. Inve ...