Regency Centers Corporation (REG)
- a real estate investment trust (REIT) - is expected to beat
expectations when it reports fourth-quarter 2012 results after the
closing bell tomorrow, Wednesday, Jan 30.EQUITY RESIDENT (EQR): Free Stock Analysis
ReportPROLOGIS INC (PLD): Free Stock Analysis ReportREGENCY CTRS CP (REG): Free Stock Analysis
ReportVENTAS INC (VTR): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment
Why a Likely Positive Surprise?
Our proven model shows that Regency is likely to beat earnings
since it has the appropriate combination of the following two key
Positive Zacks ESP: Earnings ESP (Read: Zacks Earnings ESP: A Better Method ), which
represents the difference between the Most Accurate Estimate and
the Zacks Consensus Estimate, is +1.72%. This indicates a likely
positive earnings surprise.
Zacks Rank #3 (Hold): Regency's Zacks Rank of 3
increases the predictive power of its ESP. The combination of its
Zacks Rank and Earnings ESP makes us confident of a positive
earnings surprise in the to-be-reported quarter.
Stocks with Zacks Ranks of #1, #2 and #3 have significantly higher
chances of beating the earnings. The sell rated stocks (#4 and #5)
should never be considered as those going into an earnings
Key Earnings Drivers
Regency is actively riding on the growth trajectory and is
enthusiastically spreading its footprints in high-income and
high-barrier markets. Benefiting from this, the company has been
performing favorably and has delivered an average earnings surprise
of 8.01% over the last four quarters.
The fourth quarter is also witnessing the same with the buyout of
premium properties - Uptown District, Sandy Springs Plaza and
Village Plaza being the noteworthy ones. The inclusion of premium
development and redevelopment projects as well as leading national
retailers as tenants is also a key earnings driver. We expect this
to provide Regency with a considerable up-market potential and
prove accretive to the fourth-quarter earnings.
Other Stocks to Consider
Regency is not the only stock performing impressively this
earnings season. We also observe that there are other companies,
which are likely to beat earnings.
Prologis Inc. (PLD)
has Earnings ESP of +7.32% and Zacks Rank #2 (Buy). The company is
scheduled to report its earnings on Feb 6 before the opening
Ventas Inc. (VTR)
has Earnings ESP of +1.03% and Zacks Rank #2. The company is
scheduled to report its earnings on Feb 15 before the opening
Equity Residential (EQR)
has Earnings ESP of +12.00% and Zacks Rank #3. The company is
scheduled to report its earnings on Feb 5 after the closing