Simon Property Group Reports Fourth Quarter And Full Year 2019 Results

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Simon Property Group (SPG) Tops Q4 EPS by 10c, Revenues Beat; Offers FY20 EPS Guidance Above Consensus

February 4, 2020 7:35 AM EST

Simon Property Group (NYSE: SPG) reported Q4 EPS of $1.66, $0.10 better than the analyst estimate of $1.56. Revenue for the quarter came in at $1.49 billion versus the consensus estimate of $1.37 billion.

Results for the Quarter1

Net income attributable to common stockholders was $510.2 million, or $1.66 per diluted share, as compared to $712.8 million, or $2.30 per diluted share in 2018. Results for the fourth quarter of 2019 include the aforementioned loss on extinguishment of debt... More