Regency Centers Q3 2026: Strong NOI, GAAP EPS Hit by Impairment
Regency Centers delivered a strong operating quarter, but GAAP earnings look messy because of impairment charges. Revenue was $419.1 million, same-property NOI rose 5.1%, and Core Operating Earnings were $1.18 per share. Net income fell to $75.1 million, or $0.41 per share, after $65.1 million of impairments. Read the quarter through FFO and Core Earnings, then use the balance sheet and guidance to judge durability.
1 · Expected vs. Actual
Free preview belowGAAP EPS was $0.41, while Core Operating Earnings per share was $1.18 and Nareit FFO per share was $1.23. The supplied consensus EPS estimate was $0.6111 per share, but the input does not label whether it maps to GAAP EPS, Core Operating Earnings, or FFO, so a clean surprise comparison is not possible. The gap between GAAP and Core is largely explained by $65.1 million of impairment charges and $23.8 million of real-estate gains.
Revenue was $419.1 million in Q3 2026. The supplied table does not include prior-year revenue, so the direct revenue growth rate is not available. The operating read is still positive: same-property NOI rose 5.1% and total NOI rose 7.6% year over year.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-11-06
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