Regency Centers Q3 Sales $289.90M Miss $354.74M Estimate
Portfolio Pulse from Benzinga Newsdesk
Regency Centers (NASDAQ:REG) reported Q3 sales of $289.90 million, missing the analyst consensus estimate of $354.74 million by 18.28%. This represents a 12.32% decrease from the same period last year.
October 28, 2024 | 8:18 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Regency Centers reported Q3 sales of $289.90M, missing estimates by 18.28% and showing a 12.32% decrease from last year, likely impacting stock negatively.
The significant miss on sales estimates and year-over-year decline in sales are likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100