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Simon Property (SPG) Lags Q1 FFO and Revenue Estimates
Simon Property (SPG) came out with quarterly funds from operations (FFO) of $2.78 per share, missing the Zacks Consensus Estimate of $2.90 per share. This compares to FFO of $3.04 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an FFO surprise of -4.14%. A quarter ago, it was expected that this shopping mall real estate investment trust would post FFO of $2.95 per share when it actually produced FFO of $2.96, delivering a surprise of 0.34%.
Over the last four quarters, the company has surpassed consensus FFO estimates two times.
Simon Property, which belongs to the Zacks REIT and Equity Trust - Retail industry, posted revenues of $1.35 billion for the quarter ended March 2020, missing the Zacks Consensus Estimate by 2.68%. This compares to year-ago revenues of $1.45 billion.
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https://finance.yahoo.com/news/simon-pro...09379.html
![[Bild: SPGc1dl0529.png]](https://finviz.com/publish/051220/SPGc1dl0529.png)
Simon Property (SPG) came out with quarterly funds from operations (FFO) of $2.78 per share, missing the Zacks Consensus Estimate of $2.90 per share. This compares to FFO of $3.04 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an FFO surprise of -4.14%. A quarter ago, it was expected that this shopping mall real estate investment trust would post FFO of $2.95 per share when it actually produced FFO of $2.96, delivering a surprise of 0.34%.
Over the last four quarters, the company has surpassed consensus FFO estimates two times.
Simon Property, which belongs to the Zacks REIT and Equity Trust - Retail industry, posted revenues of $1.35 billion for the quarter ended March 2020, missing the Zacks Consensus Estimate by 2.68%. This compares to year-ago revenues of $1.45 billion.
...
https://finance.yahoo.com/news/simon-pro...09379.html
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