Regency Centers Q4 Profit Beats Estimates - Quick Facts

(RTTNews) - Regency Centers Corp. (REG) reported fourth-quarter net income attributable to stockholders of $46.3 million, or $0.50 per share, compared to a loss of $37.2 million, or $0.41 per share, prior year. Funds from operations was $60.2 million, or $0.65 per share. Core funds from operations was $61.3 million, or $0.66 per share, for the quarter.

On averge, 19 analysts polled by Thomson Reuters expected the company to report profit per share of $0.64 for the quarter. Analysts' estimates typically exclude special items.

For 2014, the company expects: earnings per share in the range of $0.58 to $0.64; funds from operations in the range of $2.62 to $2.68; and core funds from operations in the range of $2.66 to 2.72. Analysts expect the company to report fiscal 2014 earnings per share of $2.69.