Kimco Realty (KIM) Tops Q1 FFO by 1c

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Kimco Realty Announces First Quarter 2019 Results

May 2, 2019 7:30 AM EDT

Increases in Occupancy, Leasing Spreads and Same Property Net Operating Income

Company Updates 2019 Guidance

NEW HYDE PARK, N.Y.--(BUSINESS WIRE)-- Kimco Realty Corp. (NYSE: KIM) today reported results for the first quarter ended March 31, 2019. For the three months ended March 31, 2019 and 2018, net income available to the companys common shareholders was $0.24 per diluted share and $0.30 per diluted share, respectively.

First Quarter Highlights:

Increased pro-rata occupancy to 96.0%, representing a 20-basis-point improvement from the fourth quarter of 2018 and the highest... More