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5.67661154947573E-05 0.000178407791554869 -0.000105422785918802 0.000485755759733353 -0.0013218395465198 -0.00148402844793325 -0.00253825630712092 -0.0022949729550007
Stock impact report

Simon Property (SPG) Up 11.1% Since Last Earnings Report: Can It Continue? [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
Will the recent positive trend continue leading up to its next earnings release, or is Simon Property due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Simon Property Tops Q3 FFO Estimates, Raises 2023 Outlook Simon Property's third-quarter 2023 FFO per share of $3.20 surpassed the Zacks Consensus Estimate of $2.98. Also, the figure increased 9.2% year over year. Results reflected better-than-anticipated revenues on healthy leasing activity and a rise in the base rent per square foot and occupancy levels. However, higher property operating expenses and interest expenses partly offset the upsides. However, this retail behemoth raised its 2023 FFO per share outlook. Simon Property generated revenues of $1.41 billion in the quarter, surpassing the Zacks Consensus Estimate of $1.37 billion. The reported figure increased 7.2 Show less Read more
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