Simon Property Group (SPG) Tops Q2 EPS by 6c; offers guidance

Simon Property Group (NYSE: SPG) reported Q2 EPS of $1.51, $0.06 better than the analyst estimate of $1.45. Revenue for the quarter came in at $1.46 billion versus the consensus estimate of $1.3 billion.

GUIDANCE:

Simon Property Group sees FY2024 EPS of $7.37-$7.47, versus the consensus of $6.53. and FFO to be within a range of $12.80 to $12.90 per diluted share for the year ending December 31, 2024.

For earnings history and earnings-related data on Simon Property Group (SPG) click here.

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