Core Insights - Kimco Realty raised its 2025 outlook due to strong growth in net income and funds from operations (FFO) [1][10] - The company reported a 3.9% increase in same property net operating income (NOI) and better-than-expected credit loss performance [1][4] - Kimco signed over four million square feet in leases, achieving new lease spreads approaching 49% [1][11] - The company reached its strategic target of deriving 85% of annual base rent from grocery-anchored properties [1][4] Financial Performance - For Q1 2025, net income available to common shareholders was $125.1 million, or $0.18 per diluted share, compared to a loss of $18.9 million, or ($0.03) per diluted share in Q1 2024 [4][21] - FFO for Q1 2025 was $301.9 million, or $0.44 per diluted share, reflecting a 12.8% increase from $261.8 million, or $0.39 per diluted share in Q1 2024 [6][24] - Consolidated revenues from rental properties increased by $32.4 million, primarily due to higher minimum rent and increased reimbursement income [5][21] Leasing and Occupancy - The company signed 583 leases totaling 4.4 million square feet in Q1 2025, with blended pro-rata cash rent spreads of 13.3% [11] - Pro-rata leased occupancy was 95.8%, with a slight anticipated reduction due to vacating leases [11] - Pro-rata small shop occupancy increased to 91.7%, while pro-rata anchor occupancy was at 97.4% [11] Strategic Initiatives - Kimco completed nine grocery leases, including a significant agreement with Sprouts Farmers Market, enhancing future cash flow visibility [3][4] - The company expanded its pipeline of near-term rent commencements to $60 million of annual base rent from signed leases [4][11] - Kimco acquired The Markets at Town Center, a 254,000-square-foot grocery-anchored property in Jacksonville, Florida, for $108 million [4][11] Capital Management - The company ended Q1 2025 with $2.0 billion in immediate liquidity, including $1.9 billion available on its unsecured revolving credit facility [11] - Subsequent to the quarter end, Kimco repurchased 3.0 million shares at an average price of $19.61 per share [11] - The board declared a quarterly cash dividend of $0.25 per common share, payable on June 20, 2025 [11]

Q1 2025 QUARTERLY SUPPLEMENTAL INFORMATION Broadstone Net Lease, Inc. (NYSE: BNL) is an industrial- focused, diversified net lease real estate investment trust (REIT) that invests in single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants. www.broadstone.com Table of Contents | Section | Page | | --- | --- | | About the Data | 3 | | Company Overview | 4 | | Quarterly Financial Summary | 5 | | Balance Sheet | 6 | | Income Statement Summary | ...

Group 1 - Postal Realty Trust (PSTL) reported quarterly funds from operations (FFO) of $0.32 per share, exceeding the Zacks Consensus Estimate of $0.30 per share, and up from $0.25 per share a year ago, representing a 6.67% surprise [1] - The company achieved revenues of $22.15 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 4.80%, compared to $17.29 million in the same quarter last year [2] - Over the last four quarters, Postal Realty Trust has consistently surpassed consensus FFO and revenue estimates [2] Group 2 - The stock has increased approximately 1.2% since the beginning of the year, while the S&P 500 has declined by 5.5% [3] - The future performance of Postal Realty Trust's stock will largely depend on management's commentary during the earnings call and the outlook for FFO [4][6] - The current consensus FFO estimate for the upcoming quarter is $0.29 on revenues of $21.46 million, and for the current fiscal year, it is $1.19 on revenues of $87.11 million [7] Group 3 - The Zacks Industry Rank indicates that the REIT and Equity Trust - Other sector is currently in the bottom 36% of over 250 Zacks industries, which may impact stock performance [8] - Clipper Realty Inc. (CLPR), another company in the same industry, is expected to report quarterly earnings of $0.16 per share, reflecting a year-over-year increase of 14.3% [9]

Whitestone (WSR) came out with quarterly funds from operations (FFO) of $0.25 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to FFO of $0.23 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 4.17%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.26 per share when it actually produced FFO of $0.28, delivering a surprise of 7.69%.Over the last four quarters, ...

Summit Hotel Properties (INN) came out with quarterly funds from operations (FFO) of $0.22 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to FFO of $0.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 4.76%. A quarter ago, it was expected that this real estate investment trust specializing in higher end hotels would post FFO of $0.19 per share when it actually produced FFO of $0.20, delivering a ...

分组1 - InvenTrust Properties Corp. reported quarterly funds from operations (FFO) of $0.46 per share, matching the Zacks Consensus Estimate and showing an increase from $0.44 per share a year ago [1] - The company posted revenues of $73.77 million for the quarter ended March 2025, which was 1.40% below the Zacks Consensus Estimate, compared to $66.8 million in the same quarter last year [2] - InvenTrust Properties shares have declined approximately 7.2% since the beginning of the year, while the S&P 500 has decreased by 5.5% [3] 分组2 - The current consensus FFO estimate for the upcoming quarter is $0.45, with expected revenues of $74.2 million, and for the current fiscal year, the estimate is $1.84 on revenues of $303.55 million [7] - The Zacks Industry Rank for REIT and Equity Trust - Other is in the bottom 36% of over 250 Zacks industries, indicating potential challenges for stock performance [8]

Host Hotels (HST) came out with quarterly funds from operations (FFO) of $0.64 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to FFO of $0.60 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 14.29%. A quarter ago, it was expected that this lodging real estate investment trust would post FFO of $0.40 per share when it actually produced FFO of $0.44, delivering a surprise of 10%.Over the last four qu ...

分组1 - Crown Castle reported quarterly funds from operations (FFO) of $1.10 per share, exceeding the Zacks Consensus Estimate of $1.02 per share, but down from $1.72 per share a year ago, representing an FFO surprise of 7.84% [1] - The company posted revenues of $1.06 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.96%, compared to $1.64 billion in revenues a year ago [2] - Crown Castle has outperformed the S&P 500, with shares increasing about 14.3% since the beginning of the year, while the S&P 500 declined by 5.5% [3] 分组2 - The future performance of Crown Castle's stock will largely depend on management's commentary during the earnings call and the company's FFO outlook [4][6] - Current consensus FFO estimate for the upcoming quarter is $0.99 on revenues of $1.03 billion, and for the current fiscal year, it is $4.47 on revenues of $4.2 billion [7] - The Zacks Industry Rank indicates that the REIT and Equity Trust - Other sector is currently in the bottom 36% of over 250 Zacks industries, which may negatively impact stock performance [8]

分组1 - AvalonBay Communities (AVB) reported quarterly funds from operations (FFO) of $2.83 per share, exceeding the Zacks Consensus Estimate of $2.80 per share, and up from $2.70 per share a year ago, representing an FFO surprise of 1.07% [1] - The company posted revenues of $745.88 million for the quarter ended March 2025, slightly missing the Zacks Consensus Estimate by 0.19%, compared to $712.86 million in the same quarter last year [2] - Over the last four quarters, AvalonBay has surpassed consensus FFO estimates three times and topped consensus revenue estimates two times [2] 分组2 - The stock has underperformed the market, losing about 5.8% since the beginning of the year, compared to the S&P 500's decline of 5.5% [3] - The current consensus FFO estimate for the coming quarter is $2.85 on revenues of $765.91 million, and for the current fiscal year, it is $11.41 on revenues of $3.07 billion [7] - The Zacks Industry Rank for REIT and Equity Trust - Residential is currently in the bottom 42% of over 250 Zacks industries, indicating potential challenges for stock performance [8]

Equinix (EQIX) came out with quarterly funds from operations (FFO) of $9.67 per share, beating the Zacks Consensus Estimate of $8.96 per share. This compares to FFO of $8.86 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 7.92%. A quarter ago, it was expected that this data center operator would post FFO of $8.09 per share when it actually produced FFO of $7.92, delivering a surprise of -2.10%.Over the last four quarters, the compa ...