Simon Property Group Reports First Quarter 2019 Results

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Simon Property Group (SPG) Tops Q1 EPS by 11c, Revenues Beat; Affirms FY19 EPS Guidance Above Consensus

April 30, 2019 7:02 AM EDT

Simon Property Group (NYSE: SPG) reported Q1 EPS of $1.78, $0.11 better than the analyst estimate of $1.67. Revenue for the quarter came in at $1.45 billion versus the consensus estimate of $1.44 billion.

Net income attributable to common stockholders was $548.5 million, or $1.78 per diluted share, as compared to $620.7 million, or $2.00 per diluted... More