Kimco Realty (KIM) Reports Q2 Revenues Miss

Kimco Realty (NYSE: KIM) reported Q2 EPS of $1.71, $1.64 better than the analyst estimate of $0.07. Revenue for the quarter came in at $238.92 million versus the consensus estimate of $249 million.

“Our results reflect the resiliency of our portfolio, our balance sheet and our people,” stated Conor Flynn, Kimco’s Chief Executive Officer. All of our centers are open and operating, serving their local communities with essential goods and services in a safe, inviting environment. Quality is more important than ever, and our repositioned portfolio continues to hold up in the face of the pandemic. We thank all the front-line workers as they combat the challenges of COVID-19. And we remain committed to our tenants, shoppers and associates in these unprecedented times.”

For earnings history and earnings-related data on Kimco Realty (KIM) click here.

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