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Kimco Realty (KIM) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
KIMKimco Realty(KIM) ZACKS·2025-02-07 15:31

Core Insights - Kimco Realty reported 525.4millioninrevenueforQ42024,a16.3525.4 million in revenue for Q4 2024, a 16.3% year-over-year increase, with an EPS of 0.42 compared to 0.22ayearago[1]TherevenueexceededtheZacksConsensusEstimateof0.22 a year ago [1] - The revenue exceeded the Zacks Consensus Estimate of 513.1 million by 2.40%, while the EPS met the consensus estimate [1] Financial Performance Metrics - Pro-rata portfolio occupancy was reported at 96.3%, slightly below the estimated 96.8% [4] - Management and other fee income was 4.33million,belowtheaverageestimateof4.33 million, below the average estimate of 4.57 million, but showed a year-over-year increase of 16.9% [4] - Revenues from rental properties, net, were 521.06million,surpassingtheaverageestimateof521.06 million, surpassing the average estimate of 511.41 million, reflecting a year-over-year change of 16.3% [4] - Diluted net EPS was reported at 0.23,exceedingtheaverageestimateof0.23, exceeding the average estimate of 0.17 [4] Stock Performance - Kimco Realty shares returned +1.7% over the past month, compared to the Zacks S&P 500 composite's +1.9% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market [3]