A Preview Of Simon Property Group's Earnings
Portfolio Pulse from Benzinga Insights
Simon Property Group (NYSE:SPG) is set to release its quarterly earnings report on October 30, 2023. Analysts estimate an earnings per share (EPS) of $2.98. The company's past performance shows a general negative trend in stock price changes post-earnings release. The stock was trading at $106.32 as of October 26, with a 52-week return of -3.13%.
October 27, 2023 | 2:01 pm
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NEGATIVE IMPACT
Simon Property Group is expected to report an EPS of $2.98 in its upcoming earnings. The company's stock has generally shown a negative trend post-earnings release.
The company's stock price has generally shown a negative trend after the earnings release. Given this pattern, it is likely that the stock price may follow a similar trend after the upcoming earnings release, especially if the company fails to meet the estimated EPS or provide positive guidance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100