Kimco Realty Q2 2024 FFO $0.41 Beats $0.40 Estimate, Sales $500.231M Beat $497.793M Estimate
Portfolio Pulse from Benzinga Newsdesk
Kimco Realty (NYSE:KIM) reported Q2 2024 earnings per share of $0.41, beating the analyst estimate of $0.40. The company also reported sales of $500.231 million, surpassing the estimate of $497.793 million and marking a 12.96% increase from the same period last year.
August 01, 2024 | 10:51 am
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Kimco Realty reported Q2 2024 earnings per share of $0.41, beating the analyst estimate of $0.40. The company also reported sales of $500.231 million, surpassing the estimate of $497.793 million and marking a 12.96% increase from the same period last year.
Kimco Realty's better-than-expected earnings per share and sales figures, along with a significant year-over-year sales increase, are likely to positively impact the stock price in the short term.
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