A Peek at Simon Property Group's Future Earnings
Portfolio Pulse from Benzinga Insights
Simon Property Group (NYSE:SPG) is set to release its quarterly earnings on November 1, 2024. Analysts expect an EPS of $3.01. The company's past performance shows a tendency for stock price increases even when EPS estimates are missed. The stock has risen 45.34% over the past year, and analysts have a Neutral rating with a price target suggesting a potential downside. SPG's financials show strong profitability but challenges in debt management.
October 31, 2024 | 2:02 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Simon Property Group is expected to release its earnings with an EPS of $3.01. Despite a Neutral analyst rating and a potential downside, the stock has performed well over the past year. Investors should watch for guidance, which can significantly impact stock prices.
The upcoming earnings release is a significant event for SPG, with analysts expecting an EPS of $3.01. The stock has shown resilience in the past, even when missing estimates, indicating potential stability. However, the Neutral rating and potential downside suggest caution. The company's strong profitability is a positive, but high debt levels pose a risk. Guidance will be crucial for short-term price movements.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100