Simon Property Group Inc SPG.N reported quarterly adjusted earnings of $1.82 per share for the quarter ended in September. The mean expectation of seven analysts for the quarter was for earnings of $1.55 per share.
Revenue rose 6.9% to $1.30 billion from a year ago; analysts expected $1.27 billion.
Simon Property Group Inc's reported EPS for the quarter was $1.82.
The mean earnings estimate of analysts had fallen by about 0.5% in the last three months.
In the last 30 days, there have been earnings estimate revisions by analysts covering the company.
Simon Property Group Inc shares had fallen by 3.2% this quarter and lost 11.0% so far this year.
The company reported quarterly income of $594.14 million.
Wall Street's median 12-month price target for Simon Property Group Inc is $124.00
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."
This summary was machine generated from LSEG Refinitiv data October 30 at 09:01 p.m. UTC. All figures in US dollars unless otherwise stated.
QUARTER ENDING |
ESTIMATE |
ACTUAL |
BEAT, MET, MISSED |
Sep. 30 2023 |
2.97 |
3.20 |
Beat |
Jun. 30 2023 |
2.92 |
2.88 |
Missed |
Mar. 31 2023 |
2.81 |
2.74 |
Missed |
Dec. 31 2022 |
3.15 |
3.40 |
Beat |