Simon Property Group Earnings Preview: What to Expect

Core Insights - Simon Property Group, Inc. (SPG) is a leading real estate investment trust (REIT) with a market capitalization of $60.06 billion, owning a diverse portfolio of retail assets globally [1] Financial Performance - The company is expected to report a 6% year-over-year decline in profit for the upcoming fourth quarter, projecting earnings of $3.46 per diluted share [3] - For fiscal year 2025, profit is anticipated to decrease by 2.5% to $12.66 per diluted share, while a 2.2% increase to $12.94 per diluted share is expected for fiscal 2026 [3] Stock Performance - Over the past 52 weeks, Simon Property's stock has gained 6.8%, and 11.7% over the past six months, although it has underperformed the S&P 500 Index, which gained 16.2% and 10.6% in the same periods [4] - The stock has outperformed its sector, as the State Street Real Estate Select Sector SPDR ETF (XLRE) gained only 1% over the past 52 weeks and declined by 2.6% over the past six months [5] Recent Developments - On November 3, 2025, Simon Property reported a total revenue increase of 8.2% year-over-year to $1.60 billion for the third quarter, with real estate FFO at $3.22 per share, exceeding analyst expectations [6] - The company has acquired the remaining 12% interest in The Taubman Realty Group Limited Partnership, aiming to enhance net operating income through new growth opportunities [7]