Regency Centers Corp. Announces 14% Rise In Q2 Earnings

(RTTNews) - Regency Centers Corp. (REG) reported a profit for its second quarter that rose from last year.

The company said its bottom line climbed to $81.0 million, or $0.82 per share. This was higher than $71.2 million, or $0.75 per share, in last year's second quarter.

Analysts had expected the company to earn $0.81 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Regency Centers Corp. earnings at a glance:

-Earnings (Q2): $81.0 Mln. vs. $71.2 Mln. last year. -Earnings Growth (Y-o-Y): 13.8% -EPS (Q2): $0.82 vs. $0.75 last year. -EPS Growth (Y-o-Y): 9.3% -Analysts Estimate: $0.81

-Guidance: Full year EPS guidance: $3.22 - $3.27