Kimco Realty (KIM) Tops Q1 FFO by 1c, Raises FY FFO Guidance

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Kimco Realty Announces First Quarter 2015 Operating Results - Strong Portfolio Fundamentals Fuel 8.8% Increase in FFO Per Diluted Share; Company Raises Full Year 2015 FFO Guidance

May 6, 2015 4:01 PM EDT

NEW HYDE PARK, N.Y.--(BUSINESS WIRE)-- Kimco Realty Corp. (NYSE: KIM) today reported results for the first quarter ended March 31, 2015.

Highlights and Subsequent Activity

FFO per diluted share increased 8.8% for the first quarter over the comparable 2014 period; FFO as adjusted per diluted share increased 5.9% during the same period; U.S. and combined portfolio occupancy each increased to 95.7%, representing an improvement of 100 basis points and 120 basis points, respectively, from the first quarter of 2014; U.S. Pro-rata... More