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

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Simon Property Group Reports First Quarter 2019 Results

April 30, 2019 6:59 AM EDT

INDIANAPOLIS, April 30, 2019 /PRNewswire/ -- Simon, a global leader in premier shopping, dining, entertainment and mixed-use destinations, today reported results for the quarter ended March 31, 2019.

Results for the Quarter

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 share in 2018. The prior year period includes gains of $135.3 million, or $0.38 per diluted share, primarily related to... More