Simon Property Group (SPG) reported Q4 funds from operations late Tuesday of $3.68 per diluted share, down from $3.69 a year earlier.
Analysts polled by FactSet expected $3.42.
Revenue for the quarter ended Dec. 31 was $1.58 billion, up from $1.53 billion a year earlier.
Analysts surveyed by FactSet expected $1.41 billion.
For 2025, the real estate investment trust expects funds from operations of $12.40 to $12.65. Analysts polled by FactSet expect $12.51.
The company kept its quarterly dividend at $2.10, payable March 31 to shareholders of record as of March 10.
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