India, Nov. 5 -- Real estate investment trust Regency Centers Corporation (REG) on Thursday reported its third-quarter results, with profit dropping from last year. The company raised its full-year 2026 earnings outlook and announced a 6 percent increase in its quarterly common stock dividend.
Net income attributable to common shareholders declined to $75.1 million, or $0.41 per share, from $106 million, or $0.58 per share, in the prior-year quarter. The latest quarter's results included real estate impairment provisions of $65.1 million, or $0.35 per diluted share, partly offset by gains on real estate sales of $23.8 million, or $0.13 per diluted share.
Nareit Funds From Operations (FFO), a key REIT performance measure, increased to $1.2...