Simon Property Group Reports Record Second Quarter 2018 Results And Raises Quarterly Dividend And Full Year 2018 Guidance

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Simon Property Group (SPG) Tops Q2 EPS by 13c, Revenues Beat; Offers FY18 EPS Outlook Above Consensus

July 30, 2018 7:02 AM EDT

Simon Property Group (NYSE: SPG) reported Q2 EPS of $1.77, $0.13 better than the analyst estimate of $1.64. Revenue for the quarter came in at $1.39 billion versus the consensus estimate of $1.35 billion.

Results for the Quarter

Net income attributable to common stockholders was $547.0 million, or $1.77 per diluted share, as compared to $382.0 million, or $1.23 per diluted share, in... More