India, April 30 -- Regency Centers Corp. (REG), while reporting higher first-quarter results, maintained its fiscal 2026 guidance for Nareit Funds From Operations or Nareit FFO, Core Operating Earnings, and Same Property NOI growth. However, the firm lifted outlook for net profit.
In pre-market activity, the shares were gaining around 2.4 percent, trading at $81.32, after closing Wednesday's regular trading 1.2 percent lower.
For fiscal 2026, the developer of shopping centers said it continues to expect Nareit FFO of $4.83 to $4.87.
Core Operating Earnings per share is still expected to be $4.59 to $4.63.
Further, the firm lifted outlook for net income attributable to shareholders to $2.45 to $2.49 per share from previous outlook of $2....