Kimco Realty Corp expected to post earnings of 16  cents a share - Earnings Preview

Kimco Realty

24/10/2023 14:01

* Kimco Realty Corp  KIM.N   KIM  is expected to show a rise
in
quarterly revenue when it reports  results on October 26. 
    * The Jericho New York-based  company is expected to report 
a
1.7% increase in revenue to $436.287 million from $429.04
million a year ago, according to the mean estimate from 9
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Kimco Realty Corp
is for
earnings of 16 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 11
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Kimco
Realty Corp
is $22​, above​ its last closing price of $16.48. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.39        0.39       0.39      Met     0
 Mar. 31 2023  0.39        0.39       0.39      Met     -0.5
 Dec. 31 2022  0.38        0.39       0.38      Missed  -1.5​
 Sep. 30 2022  0.39        0.39       0.41      Beat    5.1
 ​​Jun.        0.38        0.38       0.40      Beat    5.4
 30 2022                                                
 Mar. 31 2022  0.36        0.36       0.39      Beat    7.1​
 Dec. 31 2021  0.37        0.37       0.39      Beat    5.9
 Sep. 30 2021  0.26        0.25       0.32      Beat    26.5
 This summary was machine generated October 24 at 13:01 GMT.  All
figures in US dollars  unless otherwise stated