Simon Property Group Reports First Quarter 2021 Results And Raises Full Year 2021 Guidance

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Simon Property Group (SPG) Tops Q1 EPS by 40c, Revenues Beat; Raises FY21 EPS Guidance Above Consensus

May 10, 2021 4:12 PM EDT

Simon Property Group (NYSE: SPG) reported Q1 EPS of $1.36, $0.40 better than the analyst estimate of $0.96. Revenue for the quarter came in at $1.24 billion versus the consensus estimate of $1.13 billion.

Results for the Quarter

Net income attributable to common stockholders was $445.9 million, or $1.36 per diluted share for the three months ended March 31, 2021.... More