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0 0 0.00403738789414474 0.00403738789414474 0.000143516522799659 0.00198715185414929 0.00403686219259601 0.00403686219259601
Stock impact report

Simon Property (SPG) Earnings Call Transcript [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
President, Leasing and Acquisitions — Eli Simon Chief Financial Officer — Brian McDade Need a quote from a Motley Fool analyst? Email pr@fool.com David Simon: Good evening. We delivered strong financial and operational results in the fourth quarter, capping another impressive year for our company. We achieved excellent leasing performance, acquired $2 billion in high-quality retail properties, completed more than 20 major redevelopment projects, and opened a new premium outlet in Indonesia. We reported record real estate funds from operation of $4.8 billion, or $12.73 per share. Our results reflect solid fundamentals, strong occupancy, accelerating shopper traffic growth, healthy and growing retail sales, and positive supply and demand dynamics, all driving improvement in our cash flow. We returned approximately $3.5 billion in cash to our shareholders through common stock repurchases and record cash dividends. In our yearly tally, we have now paid approximately $48 billion i Show less Read more
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