Kimco Realty Q2 FFO $0.39 Down From $0.40 YoY, Sales $442.84M Beat $436.25M Estimate
Portfolio Pulse from Benzinga Newsdesk
Kimco Realty (NYSE:KIM) reported Q2 earnings of $0.39 per share, a 2.5% decrease YoY. However, the company's quarterly sales of $442.84 million beat the analyst consensus estimate of $436.25 million by 1.51%, marking a 3.66% increase YoY.
July 27, 2023 | 10:52 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Kimco Realty's Q2 earnings per share decreased by 2.5% YoY, but sales beat estimates and increased YoY.
While Kimco Realty's earnings per share decreased YoY, the company's sales beat estimates and increased YoY. This mixed result could lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100