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0 -0.0010998810939358 -0.00130796670630218 -0.00300237812128433 -0.00162009512485141 -0.00582639714625457 -0.00297265160523187 -0.00297265160523187
Stock impact report

Simon Property Q3 FFO Lags Estimates, Dividend Hiked 2.4% [Yahoo! Finance]

Simon Property Group, Inc. (SPG) 
Last simon property group, inc. earnings: 2/4 07:30 am Check Earnings Report
US:NYSE Investor Relations: investors.simon.com
Company Research Source: Yahoo! Finance
The figure decreased from $3.20 reported in the year-ago period. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Results reflect higher interest expenses on a year-over-year basis. However, an increase in revenues, backed by a rise in the base minimum rent per square foot and occupancy levels, supported the results to some extent. SPG raised its fourth-quarter 2024 dividend. Simon Property generated revenues of $1.48 billion in the quarter, which surpassed the Zacks Consensus Estimate of $1.46 billion. The reported figure increased 4.9% year over year. According to David Simon, the chairman, CEO and president of Simon Property Group, "We are pleased with our quarterly results highlighted by strong financial and operational performance, the very successful openings of Tulsa Premium Outlets and the expansion of Busan Premium Outlets.” SPG reported revenues from lease income of $1.34 billion, 3.2% higher than the prior-year period's figure. Our estimat Show less Read more
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