Simon Property (SPG) Q1 FFO Surpass Estimates

分组1 - Simon Property (SPG) reported quarterly funds from operations (FFO) of $2.95 per share, exceeding the Zacks Consensus Estimate of$2.91 per share, but down from $3.56 per share a year ago, indicating an FFO surprise of 1.37$1.47 billion for the quarter ended March 2025, missing the Zacks Consensus Estimate by 0.67%, compared to $1.44 billion in the same quarter last year [2] - Over the last four quarters, Simon Property has surpassed consensus FFO estimates two times and topped consensus revenue estimates three times [2] 分组2 - The stock has underperformed the market, losing about 5.2% since the beginning of the year, while the S&P 500 declined by 3.8% [3] - The current consensus FFO estimate for the coming quarter is $3.04 on revenues of$1.5 billion, and for the current fiscal year, it is $12.54 on revenues of$6.12 billion [7] - The Zacks Industry Rank for REIT and Equity Trust - Retail is currently in the top 28% of over 250 Zacks industries, indicating a favorable outlook for the industry [8]