Stock Groups

Simon Property Earnings, Revenue Beat in Q4 -Breaking

by Mike Robinson

[ad_1]

© Reuters. Simon Property Earnings and Revenue Beat in Quarter Four

Simon Property (NYSE 🙂 announced Monday its fourth quarter results. They beat forecasts by Investing.com and exceeded all expectations.

Simon Property reported earnings per share at $1.53 on $1.33B in revenue. Investing.com polled analyst to predict EPS at $1.48 on $1.25B revenue.

Simon Property shares fell 14% over the first year. This is still a decrease of 12.98% from the 52-week peak of $171.12, which was set November 18, 2021. The Nasdaq is performing worse than them, down 10.41% since the beginning of the year.

Simon Property shares were down 2.12% during after-hours trading following the announcement.

Simon Property is following other notable Real Estate industry earnings this month

Simon Property’s January 19 earnings beat was achieved by Prologis, who reported an EPS figure of $1.67 for revenue $1.07B. This compares to Prologis’ forecasts of $0.7055 for revenue $1.04B.

Crown Castle exceeded expectations by beating forecasts on January 26, with fourth quarter earnings per share of $0.81 on revenue $1.65B. This compares to the $0.7708 expected for revenue $1.63B.

Keep up to date with all the earnings reports coming soon by visiting Investing.com’s earnings calendar

Disclaimer: Fusion MediaThis website does not provide accurate and current data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.

[ad_2]