Kimco Realty (KIM) Tops Q4 EPS by 35c, Revenues Beat; Offers FY21 EPS Outlook

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Kimco Realty Announces Fourth Quarter and Full Year 2020 Results

February 11, 2021 7:00 AM EST

Base Rent Collections Strengthen to 92% Collected in the Fourth Quarter

New Leasing Volumes Exceed Pre-Pandemic Levels

JERICHO, N.Y.--(BUSINESS WIRE)-- Kimco Realty Corp. (NYSE: KIM), one of North Americas largest publicly traded owners and operators of open-air, grocery-anchored shopping centers and mixed-use assets, today reported results for the fourth quarter and full year ended December 31, 2020.

Highlights:

Collected 92% of total pro-rata base rents billed during the fourth quarter and subsequently collected 91% for the month of... More