Simon Property (SPG) Beats Q4 FFO and Revenue Estimates
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Simon Property (SPG) reported Q4 funds from operations (FFO) of $3.68 per share, surpassing the Zacks Consensus Estimate of $3.40 per share. This is slightly lower than the $3.69 per share reported a year ago.
February 04, 2025 | 11:30 pm
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Simon Property (SPG) exceeded Q4 FFO expectations with $3.68 per share, above the estimated $3.40, indicating strong financial performance.
The better-than-expected FFO suggests strong operational performance, which is likely to positively influence SPG's stock price in the short term. The slight decrease from last year's FFO is overshadowed by the beat on estimates.
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