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

Kimco Realty

06/02/2024 15:04

* Kimco Realty Corp  KIM.N   KIM  is expected to show a rise
in
quarterly revenue when it reports  results on February 8 for the
period ending December 31 2023
    * The Jericho New York-based  company is expected to report
a
2.9% increase in revenue to $448.364 million from $435.88
million a year ago, according to the mean estimate from 9
analysts, based on LSEG data. (Revenue consensus is on Rental
revenue basis)
    * ​LSEG'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 12 "strong buy" or "buy," 12
"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 $23.50​, above​ its last closing price of $19.74. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.39        0.39       0.40      Beat    1.9
 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.        0.39        0.39       0.41      Beat    5.1
 30 2022                                                
 Jun. 30 2022  0.38        0.38       0.40      Beat    5.4​
 Mar. 31 2022  0.36        0.36       0.39      Beat    7.1
 Dec. 31 2021  0.37        0.37       0.39      Beat    5.9
 This summary was machine generated February 6 at 15:03 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)