Kimco Realty (KIM) Tops Q2 FFO by 1c, Updates FY Guidance
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Kimco Realty Announces Second Quarter 2015 Results; Strong Financial and Operating Performance Continue to Highlight Improved Portfolio Quality; Full Year 2015 FFO Guidance Raised
July 28, 2015 4:01 PM EDTNEW HYDE PARK, N.Y.--(BUSINESS WIRE)-- Kimco Realty Corp. (NYSE: KIM) today reported results for the second quarter ended June 30, 2015.
Highlights:
Reported funds from operations (FFO) of $0.44 per diluted share for the second quarter of 2015 representing a 29.4% increase over the comparable 2014 period; FFO as adjusted was $0.37 per diluted share for the second quarter of 2015 reflecting a 5.7% increase over the same period in 2014; U.S. same-property net operating income (NOI) increased 3.7% for the second quarter compared to the same period in... More