Simon Property Group Reports First Quarter 2016 Results

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Simon Property Group (SPG) Tops Q1 FFO by 9c

April 26, 2016 8:35 AM EDT

Simon Property Group (NYSE: SPG) reported Q1 FFO of $2.63, $0.09 better than the analyst estimate of $2.54. Revenue for the quarter came in at $1.34 billion versus the consensus estimate of $1.29 billion.

GUIDANCE:

Simon Property Group sees FY2016 FFO of $10.72-$10.82, versus the... More