Simon Property Group Reports First Quarter 2022 Results and Increases Full Year 2022 Guidance and Raises Quarterly Dividend

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Simon Property Group (SPG) Tops Q1 EPS by 1c; Raises Outlook

May 9, 2022 4:31 PM EDT

Simon Property Group (NYSE: SPG) reported Q1 EPS of $1.30, $0.01 better than the analyst estimate of $1.29. FFO was $2.78 per diluted share.

GUIDANCE:

Simon Property Group raises FY2022 EPS to $5.93-$6.08, versus the consensus of $5.68. FFO will be within a range of $11.60 to... More