Regency Centers (REG) Revenue — Quarter Ended Mar 31, 2024
Revenue increased in the current quarter compared to both the prior quarter and the same quarter last year. The growth rate versus the prior year was notably higher than the sequential change.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue increased in the current quarter compared to both the prior quarter and the same quarter last year. The growth rate versus the prior year was notably higher than the sequential change.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$363.9M
Revenue reported for this quarter.
Quarter-over-quarter
+1.2%
Change from the immediately preceding quarter.
Year-over-year
+14.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$1.4B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2023 | $314.2M | +4.0% |
| Sep 30, 2023 | $330.6M | +8.8% |
| Dec 31, 2023 | $359.6M | +14.3% |
| Mar 31, 2024 | $363.9M | +14.4% |
Revenue performance
The reported revenue for the quarter was higher than the immediately preceding quarter, continuing an upward trend observed over recent periods.
Quarterly comparison
Compared to the same quarter one year earlier, revenue showed a substantial increase. The sequential growth from the prior quarter was more moderate.
What to watch
The filing context references tenant rent collections as a monitored factor in liquidity assessment.