Regency Centers Third Quarter 2022 Earnings: FFO per share: US$1.0 (vs US$1.13 in 3Q 2021)

Regency Centers (NASDAQ:REG) Third Quarter 2022 Results

Key Financial Results

• Revenue: US$315.2m (down 2.0% from 3Q 2021).

• Funds from operations (FFO): US$174.2m (down 9.6% from 3Q 2021).

• FFO margin: 55% (down from 60% in 3Q 2021). The decrease in margin was primarily driven by higher expenses.

• FFO per share: US$1.0 (down from US$1.13 in 3Q 2021).

earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

Regency Centers Earnings Insights

Looking ahead, revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the REITs industry in the US.

Performance of the American REITs industry.

The company's shares are up 5.2% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with Regency Centers.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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