Regency Centers Corp. Q1 Earnings Advance 13%

(RTTNews) - Regency Centers Corp. (REG) released a profit for its first quarter that gained ground from last year.

The company said its bottom line advanced to $78.78 million, or $0.80 per share. This was higher than $69.50 million, or $0.74 per share, in last year's first quarter.

Analysts had expected the company to earn $0.79 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Regency Centers Corp. earnings at a glance:

-Earnings (Q1): $78.78 Mln. vs. $69.50 Mln. last year. -Earnings Growth (Y-o-Y): 13.4% -EPS (Q1): $0.80 vs. $0.74 last year. -EPS Growth (Y-o-Y): 8.1% -Analysts Estimate: $0.79