Kimco Realty Corp expected to post earnings of 17 cents a share - Earnings Preview

Kimco Realty

29/10/2024 13:40

* Kimco Realty Corp  KIM.N   KIM  is expected to show a rise
in
quarterly revenue when it reports  results on October 31 for the
period ending September 30 2024
    * The Jericho New York-based  company is expected to report
a
12.6% increase in revenue to $497.613 million from $441.82
million a year ago, according to the mean estimate from 10
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 17 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 14
"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 24.00​, above​ its last closing price of $23.88. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.40        0.40       0.41      Beat    2
 Mar. 31 2024  0.37        0.37       0.39      Beat    5.8
 Dec. 31 2023  0.39        0.39       0.39      Met     0.3​
 Jan. 1 0001   0.39        0.39       0.40      Beat    1.9
 ​​Jun.        0.39        0.39       0.39      Met     0
 30 2023                                                
 Jan. 1 0001   0.39        0.39       0.39      Met     -0.5​
 Jan. 1 0001   0.38        0.39       0.38      Missed  -1.5
 Sep. 30 2022  0.39        0.39       0.41      Beat    5.1
 This summary was machine generated October 29 at 13:40 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)