Simon Property Group (SPG) Tops Q4 EPS by 41c, offers guidance

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Go back to Simon Property Group (SPG) Tops Q4 EPS by 41c, offers guidance

Simon Property Group (SPG) pops as Q4 results top estimates

February 5, 2024 4:35 PM EST

Simon Property Group (NYSE: SPG) stock rose 1.6% in after-hours trading Monday after the company unveiled better-than-anticipated earnings and revenue for the fiscal fourth quarter.

Specifically, the real estate investment trust posted fourth-quarter earnings per share (EPS) of $2.29, beating the consensus projection of $1.88. Revenue came in at $1.53 billion, while analysts were looking for $1.38 billion.... More