Shares of Simon Property (SPG) have rallied 16.9% over the past three months, outperforming the industry's 7.1% growth. The retail real estate investment trust's (REIT) portfolio of premium retail assets in the United States and abroad, the adoption of omnichannel retailing, a focus on strategic acquisitions and mixed-use developments and solid balance sheet strength have enabled it to ride the growth curve so far. In early November, SPG reported third-quarter funds from operations (FFO) per share of $2.84, ...

Table of Contents Emerging growth company ◻ Simon Property Group, L.P.: Large accelerated filer ◻ Accelerated filer ◻ Non-accelerated filer ⌧ Smaller reporting company ◻ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 SIMON PROPERTY ...

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Simon Property Group, Inc. (SPG) reported third-quarter funds from operations (FFO) per share of $2.84, missing the Zacks Consensus Estimate of $3. The figure decreased from $3.20 reported in the year-ago period.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Results reflect higher interest expenses on a year-over-year basis. However, an increase in revenues, backed by a rise in the base minimum rent per square foot and occupancy levels, supported the results to some extent. SPG rai ...

Simon Property Group, Inc. (NYSE:SPG) Q3 2024 Earnings Conference Call November 1, 2024 10:00 AM ET Company Participants Tom Ward - Senior Vice President, Investor Relations David Simon - Chairman, President and CEO Brian McDade - Chief Financial Officer Conference Call Participants Steve Sakwa - Evercore ISI Caitlin Burrows - Goldman Sachs Jeffrey Spector - Bank of America Craig Mailman - Citi Greg McGinniss - Scotiabank Alexander Goldfarb - Piper Sandler Floris van Dijkum - Compass Point Vince Tibone - Gr ...

Simon Property (SPG) reported $1.48 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 4.9%. EPS of $2.84 for the same period compares to $1.82 a year ago.The reported revenue represents a surprise of +1.28% over the Zacks Consensus Estimate of $1.46 billion. With the consensus EPS estimate being $3.00, the EPS surprise was -5.33%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determ ...

Simon Property (SPG) came out with quarterly funds from operations (FFO) of $2.84 per share, missing the Zacks Consensus Estimate of $3 per share. This compares to FFO of $3.20 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of -5.33%. A quarter ago, it was expected that this shopping mall real estate investment trust would post FFO of $2.93 per share when it actually produced FFO of $2.90, delivering a surprise of -1.02%. Over the l ...

TABLE OF CONTENTS 3Q 2024 SUPPLEMENTAL SIMON PROPERTY GROUPEARNINGS RELEASE & SUPPLEMENTAL INFORMATION UNAUDITED THIRD QUARTER TABLE OF CONTENTS TABLE OF CONTENTS | --- | --- | |------------------------------------------------------------------------------------------------------------|-------| | EARNINGS RELEASE AND SUPPLEMENTAL INFORMATION FOR THE QUARTER ENDED SEPTEMBER 30, 2024 | PAGE | | Earnings Release | 2−12 | | Overview | 13 | | The Company | 13 | | Stock Information, Credit Ratings and Senior Unse ...

INDIANAPOLIS, Nov. 1, 2024 /PRNewswire/ -- Simon®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today reported results for the quarter ended September 30, 2024."We are pleased with our quarterly results highlighted by strong financial and operational performance, the very successful openings of Tulsa Premium Outlets and the expansion of Busan Premium Outlets," said David Simon, Chairman, Chief Executive Officer and President.  ...

Simon Property Group (SPG) is slated to report third-quarter 2024 results on Nov. 1, before opening bell. While the company’s quarterly results are likely to display a year over year rise in revenues, funds from operations (AFFO) per share are expected to decline.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.In the last reported quarter, this Indianapolis, IN-based retail real estate investment trust (REIT) missed the Zacks Consensus Estimate by 1% in terms of FFO per share. Resul ...