Countdown to Simon Property (SPG) Q4 Earnings: Wall Street Forecasts for Key Metrics

Core Insights - Analysts project Simon Property (SPG) will report quarterly earnings of $3.40 per share, reflecting a year-over-year decline of 7.9% [1] - Revenue is expected to reach $1.55 billion, indicating a 1.3% increase from the same quarter last year [1] Earnings Projections - The consensus EPS estimate has been adjusted upward by 0.1% over the past 30 days, showing analysts' reassessment of their initial projections [2] - Changes in earnings projections are crucial for predicting investor reactions, with empirical studies linking earnings estimate trends to short-term stock price movements [3] Revenue Estimates - Analysts estimate 'Revenue- Management fees and other revenues' at $33.96 million, a 1.4% increase year-over-year [5] - 'Revenue- Lease income' is projected to reach $1.40 billion, reflecting a 2.8% year-over-year increase [5] - 'Revenue- Other income' is expected to be $122.46 million, indicating a decline of 6.9% year-over-year [5] Operational Metrics - The estimated occupancy rate for 'U.S. Malls and Premium Outlets - Total Portfolio' is 96.2%, up from 95.7% a year ago [6] - 'Depreciation and amortization' is projected at $321.27 million, slightly higher than the previous year's $320.26 million [6] Market Performance - Simon Property shares have returned -1.3% over the past month, contrasting with the Zacks S&P 500 composite's +2.7% change [7] - The company holds a Zacks Rank 3 (Hold), suggesting it is expected to perform in line with the overall market in the near future [7]