Simon Property (SPG) Q4 FFO and Revenues Surpass Estimates

Simon Property (SPG) came out with quarterly funds from operations (FFO) of $3.49 per share, beating the Zacks Consensus Estimate of $3.47 per share. This compares to FFO of $3.68 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of +0.58%. A quarter ago, it was expected that this shopping mall real estate investment trust would post FFO of $3.09 per share when it actually produced FFO of $3.22, delivering a surprise of +4.21%.Over the ...