Simon Property (SPG) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

For the quarter ended March 2024, Simon Property (SPG) reported revenue of $1.44 billion, up 6.8% over the same period last year. EPS came in at $3.56, compared to $1.38 in the year-ago quarter.The reported revenue represents a surprise of +2.47% over the Zacks Consensus Estimate of $1.41 billion. With the consensus EPS estimate being $2.80, the EPS surprise was +27.14%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street exp ...