Regency Centers Corporation reported second-quarter 2026 NAREIT funds from operations of $1.21 per share, beating the Zacks Consensus Estimate of $1.20 by 0.8% and rising 4.3% from a year ago. Total revenues grew 8.6% to $413.5 million, topping the $405 million consensus, driven by leasing momentum that pushed same-property net operating income up 3.8%. The same-property portfolio was 96.9% leased, up 40 basis points year over year, with a signed-not-occupied pipeline representing about $41 million of annual base rent. Regency raised its full-year 2026 NAREIT FFO guidance to a range of $4.84 to $4.88 per share from the prior $4.83 to $4.87, and lifted same-property NOI growth guidance to 3.7% to 4.1% from 3.25% to 3.75%, citing higher tenant recoveries and better average commenced occupancy.
Regency Centers CorporationRegency Centers beat Q2 FFO estimates and raised full-year guidance, a positive earnings/financial event.
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