Simon Property Group Inc expected to post earnings of $1.93 a share - Earnings Preview

Reuters
02-01
Simon Property Group Inc <spg.n> expected to post earnings of $1.93 a share - Earnings Preview </spg.n>
  • Simon Property Group Inc SPG.N, SPG is expected to show a rise in quarterly revenue when it reports results on February 4 for the period ending December 31 2024

  • The Indianapolis Indiana-based company is expected to report a 2.6% increase in revenue to $1.398 billion from $1.36 billion a year ago, according to the mean estimate from 9 analysts, based on LSEG data. (Revenue consensus is on Lease income basis)

  • ​LSEG's mean analyst estimate for Simon Property Group Inc is for earnings of $1.93 per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 12 "hold" and no "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for Simon Property Group Inc is $187.50​, above​ its last closing price of $175.79. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

3.03

3.03

2.84

Missed

-6.2

Jun. 30 2024

2.95

2.94

2.90

Missed

-1.5

Mar. 31 2024

2.83

2.81

3.56

Beat

26.6​

Dec. 31 2023

3.33

3.34

3.69

Beat

10.6

​​Sep. 30 2023

2.97

2.97

3.20

Beat

7.8

Jun. 30 2023

2.93

2.92

2.88

Missed

-1.5​

Mar. 31 2023

2.80

2.81

2.74

Missed

-2.4

Dec. 31 2022

3.15

3.15

3.40

Beat

7.9

This summary was machine generated January 31 at 21:45 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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