Regency Centers Corp. Reports 10% Increase In Q3 Profit

(RTTNews) - Regency Centers Corp. (REG) revealed earnings for its third quarter that climbed from last year.

The company said its bottom line climbed to $72.25 million, or $0.76 per share. This was up from $65.49 million, or $0.71 per share, in last year's third quarter.

Analysts had expected the company to earn $0.74 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Regency Centers Corp. earnings at a glance:

-Earnings (Q3): $72.25 Mln. vs. $65.49 Mln. last year. -Earnings Growth (Y-o-Y): 10.3% -EPS (Q3): $0.76 vs. $0.71 last year. -EPS Growth (Y-o-Y): 7.0% -Analysts Estimate: $0.74

-Guidance: Full year EPS guidance: $3.00 - $3.03