Regency Centers (REG) Revenue — Quarter Ended Jun 30, 2024
Revenue for the quarter declined from the prior quarter but remained well above the level of the same quarter one year earlier. The sequential decrease followed a period of steady growth over the preceding three quarters.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue for the quarter declined from the prior quarter but remained well above the level of the same quarter one year earlier. The sequential decrease followed a period of steady growth over the preceding three quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$357.3M
Revenue reported for this quarter.
Quarter-over-quarter
-1.8%
Change from the immediately preceding quarter.
Year-over-year
+13.7%
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 |
|---|---|---|
| Sep 30, 2023 | $330.6M | +8.8% |
| Dec 31, 2023 | $359.6M | +14.3% |
| Mar 31, 2024 | $363.9M | +14.4% |
| Jun 30, 2024 | $357.3M | +13.7% |
Revenue performance
The reported revenue moved lower compared with the immediately preceding quarter, marking a reversal from the prior quarter's increase. On a year-over-year basis, revenue continued to show a solid gain.
Quarterly comparison
Revenue was lower than the March quarter but higher than the same quarter a year ago. The trailing twelve-month revenue figure remained above the level of the most recent single quarter.
What to watch
The sequential decline in revenue warrants attention, particularly after several quarters of consecutive growth.