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Regency Centers Numbers Rise
Regency Centers(REG Quote) said its third-quarter funds from operations rose 28.2% from the year-ago period.
The Jacksconville, Fla.-based company's funds from operations was $69.5 million, or $1 a share, in the quarter, compared with $54.2 million, or 80 cents a share, a year ago. Analysts polled by Thomson First Call had estimated FFO at 99 cents for the quarter.
Earnings for the quarter rose 42.8% to $39.4 million, or 57 cents a share, compared with $27.6 million, or 41 cents a share, a year ago. Analysts were expecting earnings of 53 cents a share. ...
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