Simon Property Group (SPG) Tops Q1 FFO by 2c/Share

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Go back to Simon Property Group (SPG) Tops Q1 FFO by 2c/Share

Simon Property Group Reports First Quarter 2015 Results And Raises Quarterly Dividend And Full Year 2015 Guidance

April 24, 2015 7:00 AM EDT

INDIANAPOLIS, April 24, 2015 /PRNewswire/ -- Simon, a leading global retail real estate company, today reported results for the quarter ended March 31, 2015.

Results for the Quarter

Funds from Operations ("FFO") was $830.7 million, or $2.28 per diluted share, as compared to $865.3 million, or $2.38 per diluted share, in the prior year period.  Results for the three months ended March 31, 2014 included FFO per diluted share of $0.24 from the Washington Prime Group Inc. ("WPG") properties that were spun-off effective May 28, 2014.  On a comparable basis, FFO... More