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NYSE:SPG   00:00AM GMT
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Positive Earnings Pre-Announcement

Simon Property Sees FY Non-GAAP FFO Per Share $11.70 To $11.77

Published: 08/01/2022 20:32 GMT
Simon Property Group, Inc. (SPG) - Simon® Reports Second Quarter 2022 Results and Increases Full Year 2022 Guidance and Raises Quarterly Dividend.
Q2 FFO per Share $2.91.
Sees FY Non-GAAP FFO per Share $11.70 to $11.77.
Qtrly Comparable FFO Was $1.111 Billion, Or $2.96 per Diluted Share.
Qtrly U.S. Malls and Premium Outlets Occupancy Was 93.9% at June 30, 2022, Compared to 91.8% at June 30, 2021.
Sees FY 2022 Earnings per Share $5.93 to $6.00.
Q2 FFO per Share View $2.90 -- Refinitiv Ibes Data (analyst estimates).
FY2022 FFO per Share View $11.71 -- Refinitiv Ibes Data (analyst estimates).
Revenue is expected to be $1.24 Billion
Adjusted EPS is expected to be $1.51

Next Quarter Revenue Guidance is expected to be $1.28 Billion
Next Quarter EPS Guidance is expected to be $1.71

More details on our Analysts Page.