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.

You May Also Be Interested In

• Northland Upgrades Astera Labs (ALAB) to Outperform, 'Right Time, Customers, and Products'
• Cue Biopharma, Inc. (CUE) Misses Q2 EPS by 2054c
• H.C. Wainwright Reiterates Buy Rating on Tvardi Therapeutics Inc (TVRD)