Equities research analysts expect Regency Centers Co. (NYSE:REG – Get Rating) to announce sales of $297.36 million for the current fiscal quarter, according to Zacks. Four analysts have issued estimates for Regency Centers’ earnings. The lowest sales estimate is $289.32 million and the highest is $306.04 million. Regency Centers posted sales of $274.70 million in the same quarter last year, which suggests a positive year-over-year growth rate of 8.2%. The company is expected to issue its next earnings report after the market closes on Monday, January 1st.
On average, analysts expect that Regency Centers will report full-year sales of $1.20 billion for the current fiscal year, with estimates ranging from $1.17 billion to $1.25 billion. For the next year, analysts anticipate that the firm will report sales of $1.26 billion, with estimates ranging from $1.23 billion to $1.29 billion. Zacks Investment Research’s sales calculations are an average based on a survey of analysts that that provide coverage for Regency Centers.
REG has been the subject of a number of research reports. StockNews.com initiated coverage on Regency Centers in a report on Thursday, March 31st. They set a “hold” rating for the company. Compass Point decreased their price objective on Regency Centers from $82.00 to $75.00 and set a “neutral” rating for the company in a report on Monday, February 14th.
About Regency Centers (Get Rating)
Regency Centers is the preeminent national owner, operator, and developer of shopping centers located in affluent and densely populated trade areas. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers.
- Get a free copy of the StockNews.com research report on Regency Centers (REG)
- OrganiGram’s Turnaround Begins To Blossom
- Three Dividend Stocks With Growth Potential
- Exelon Stock Still Has Extraordinary Upside
- Ross Stores On The Verge Of Major Rally
- Insiders Are Selling Palo Alto Networks
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Regency Centers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Regency Centers and related companies with MarketBeat.com's FREE daily email newsletter.