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Kimco Stock Gains on Q1 FFO & Revenues Beat, Sees Solid Leasing
Kimco RealtyKimco Realty(US:KIM) ZACKS·2025-05-01 18:05

Shares of Kimco Realty Corp. (KIM) gained more than 5% so far in today’s trading session after it reported first-quarter 2025 funds from operations (FFO) per share of 44 cents, beating the Zacks Consensus Estimate of 42 cents. The metric grew 12.8% from the year-ago quarter.Results have reflected better-than-expected growth in revenues, though a rise in interest expenses acted as a dampener.This retail REIT clocked in revenues of $536.6 million, which topped the consensus mark of $525.1 million. The figure ...