Focus on grocery-anchored shopping centers, encouraging development pipeline and a solid balance sheet will aid Regency (REG). However, rising e-commerce adoption and interest rate hikes are woes.
Regency Centers' (REG) second-quarter results outshine estimates, driven by solid top-line growth and strong leasing activity. It raises 2022 guidance.
Regency Centers (REG) delivered FFO and revenue surprises of 5.26% and 1.44%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?