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• Simon Property Group Inc SPG.N reported quarterly adjusted earnings of $2.29​​ per share for the quarter ended in December, higher than the same quarter last year, when the company reported EPS of $2.06. The mean expectation of eight analysts for the quarter was for earnings of $1.87 per share. Wall Street expected results to range from $1.74 to $2.07 per share.

• Revenue rose 5.9% to $1.36 billion from a year ago; analysts expected $1.36 billion.

• Simon Property Group Inc's reported EPS for the quarter was $2.29​.

• The company reported quarterly income of $747.48 million.

• Simon Property Group Inc shares had fallen by 3.3% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.2% in the last three months.​

• In the last 30 days, there have been earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 11 "hold" and "sell" or "strong sell."

• The average consensus recommendation for the commercial reits peer group is also "buy"

Wall Street's median 12-month price target for Simon Property Group Inc is $144.00

This summary was machine generated from LSEG data February 5 at 10:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)