Analysts estimate that Regency Centers will report an earnings per share (EPS) of $1.04.
The announcement from Regency Centers is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
Earnings History Snapshot
In the previous earnings release, the company beat EPS by $0.04, leading to a 2.52% increase in the share price the following trading session.
Here's a look at Regency Centers's past performance and the resulting price change:
Quarter
Q2 2024
Q1 2024
Q4 2023
Q3 2023
EPS Estimate
1.02
1.03
EPS Actual
1.06
1.08
1.02
1.02
Price Change %
3.0%
-2.0%
-1.0%
1.0%
Regency Centers Share Price Analysis
Shares of Regency Centers were trading at $72.0 as of October 24. Over the last 52-week period, shares are up 22.73%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
Analyst Opinions on Regency Centers
Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Regency Centers.
With 10 analyst ratings, Regency Centers has a consensus rating of Outperform. The average one-year price target is $76.4, indicating a potential 6.11% upside.
Peer Ratings ...