Kimco Realty (KIM) Tops Q3 FFO and Revenue Estimates

Core Insights - Kimco Realty (KIM) reported quarterly funds from operations (FFO) of $0.44 per share, exceeding the Zacks Consensus Estimate of $0.43 per share, and showing an increase from $0.43 per share a year ago, resulting in an FFO surprise of +2.33% [1] - The company achieved revenues of $535.86 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 2.21%, compared to $507.63 million in the same quarter last year [2] - Kimco Realty has outperformed consensus FFO estimates three times in the last four quarters, indicating a positive trend in financial performance [2] Financial Performance - The FFO for the recent quarter was $0.44 per share, which is an increase from the previous year's $0.43 per share [1] - Revenues for the quarter were $535.86 million, up from $507.63 million year-over-year [2] - The current consensus FFO estimate for the upcoming quarter is $0.43, with projected revenues of $535.07 million, and for the current fiscal year, the estimate is $1.74 on $2.12 billion in revenues [7] Market Position - Kimco Realty shares have underperformed the market, losing about 8.7% since the beginning of the year, while the S&P 500 has gained 17.2% [3] - The Zacks Industry Rank places the REIT and Equity Trust - Retail sector in the top 33% of over 250 Zacks industries, suggesting a favorable industry outlook [8] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6]