Quarterly ResultMay 4, 2026, 02:11 PM
Regency Centers Q1 Net Income $128.5M; EPS $0.68; Revenue $412.5M
AI Summary
Regency Centers reported strong first-quarter results for 2026, with net income attributable to the company increasing to $128.5 million, up from $109.6 million in the prior year. Diluted EPS also saw a significant rise to $0.68 from $0.58. Total revenues grew to $412.5 million, primarily driven by higher lease income and equity in income from real estate partnerships. The company also noted a decrease in net cash provided by operating activities but a reduction in net cash used in investing activities.
Key Highlights
- Net income attributable to the Company increased to $128.5M from $109.6M YoY.
- Diluted EPS rose to $0.68 from $0.58 in Q1 2025.
- Total revenues grew to $412.5M, up from $380.9M YoY.
- Lease income increased to $402.6M from $371.1M YoY.
- Equity in income of real estate partnerships rose to $22.4M from $14.5M YoY.
- Net cash provided by operating activities was $152.7M, down from $161.0M YoY.
- Net cash used in investing activities decreased to $94.9M from $180.1M YoY.
- Notes payable, net, increased to $4.97B from $4.62B QoQ.
Price Impact
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