Simon Property Group Inc. (SPG) Tops Q1 FFO by 7c; Increases FY11 FFO Outlook
Simon Property Group Inc. (NYSE: SPG) reported Q1 FFO of $1.61, $0.07 better than the analyst estimate of $1.54. Revenue for the quarter came in at $1.02 billion versus the consensus estimate of $938.82 million.
Increases FY2011 FFO outlook to $6.55-$6.65, versus the consensus of $6.62.
Increases FY2011 FFO outlook to $6.55-$6.65, versus the consensus of $6.62.