For the quarter ended June 2024, Kimco Realty (KIM) reported revenue of $500.23 million, up 13% over the same period last year. EPS came in at $0.41, compared to $0.16 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $496.9 million, representing a surprise of +0.67%. The company delivered an EPS surprise of +2.50%, with the consensus EPS estimate being $0.40.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how the ...

Kimco Realty (KIM) came out with quarterly funds from operations (FFO) of $0.41 per share, beating the Zacks Consensus Estimate of $0.40 per share. This compares to FFO of $0.39 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 2.50%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.38 per share when it actually produced FFO of $0.39, delivering a surprise of 2.63%.Over the last four quarters ...

Exhibit 99.1 Kimco Realty® Announces Second Quarter 2024 Results – Strong Operating Performance Drives Growth in Net Income and FFO – JERICHO, New York, August 1, 2024 - Kimco Realty ® (NYSE: KIM), a real estate investment trust (REIT) and leading owner and operator of high-quality, open-air, grocery-anchored shopping centers and mixed-use properties in the United States, today reported results for the second quarter ended June 30, 2024. For the three months ended June 30, 2024 and 2023, Kimco Realty's net ...

– Strong Operating Performance Drives Growth in Net Income and FFO – – Small Shop Occupancy Matches Record High – – Raises 2024 Outlook – JERICHO, N.Y., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Kimco Realty® (NYSE: KIM), a real estate investment trust (REIT) and leading owner and operator of high-quality, open-air, grocery-anchored shopping centers and mixed-use properties in the United States, today reported results for the second quarter ended June 30, 2024. For the three months ended June 30, 2024 and 2023, Kim ...

Wall Street analysts forecast that Kimco Realty (KIM) will report quarterly earnings of $0.40 per share in its upcoming release, pointing to a year-over-year increase of 2.6%. It is anticipated that revenues will amount to $496.9 million, exhibiting an increase of 12.2% compared to the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Prior ...

After reaching an important support level, Kimco Realty Corporation (KIM) could be a good stock pick from a technical perspective. KIM recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.Considered an important signifier for a bullish breakout, a golden cross is a technical chart pattern that's formed when a stock's short-term moving average breaks above a longer-term moving average; the most common crossover involves t ...

buzbuzzer Kimco Realty Corporation (NYSE:KIM) is a North American Real Estate Investment Trust (REIT) worth watching. Although its market value has remained flat since the turn of the year, the vehicle has been the subject of numerous material events, including an acquisition, a changing REITs market, and a recent earnings beat. As such, I decided to dial in on Kimco Realty Corporation's prospects. Without further ado, herewith are my key findings. Data by YCharts Overview Although it has mixed-use inve ...

Shares of Kimco Realty (KIM) have gained 18.5% in the past three months compared with its industry’s rally of 10.4%.This Jericho, NY-based retail real estate investment trust (REIT) is well-poised to benefit from its portfolio of premium shopping centers, which are predominantly grocery-anchored, in the drivable first-ring suburbs of its top major metropolitan Sunbelt and coastal markets. Its focus on developing mixed-use assets and a solid balance sheet position bode well for long-term growth.The company, ...

JERICHO, N.Y., July 17, 2024 (GLOBE NEWSWIRE) -- Kimco Realty® (NYSE:KIM), a real estate investment trust (REIT) and leading owner and operator of high-quality, open-air, grocery-anchored shopping centers and mixed-use properties in the United States, announced today that it has amended and upsized its unsecured term loan to $500 million from the prior amount of $200 million. The amendment incorporates the inclusion of four additional banks with the terms, applicable spread, maturity date and credit covenan ...

JERICHO, N.Y., July 17, 2024 (GLOBE NEWSWIRE) -- Kimco Realty® (NYSE: KIM), a real estate investment trust (REIT) and leading owner and operator of high-quality, open-air, grocery-anchored shopping centers and mixed-use properties in the United States, announced today that it has amended and upsized its unsecured term loan to $500 million from the prior amount of $200 million. The amendment incorporates the inclusion of four additional banks with the terms, applicable spread, maturity date and credit covena ...