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

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

July 30, 2018 7:00 AM EDT

INDIANAPOLIS, July 30, 2018 /PRNewswire/ -- Simon, a global leader in premier shopping, dining and entertainment destinations, today reported results for the quarter ended June 30, 2018.

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 the prior year period. Results for the second quarter 2017... More