Picture of Kimco Realty logo

KIM — Kimco Realty News Story

0.000.00%
us flag iconLast trade - 00:00
FinancialsConservativeLarge CapNeutral

Kimco Realty Corp reports results for the quarter ended December 31 - Earnings Summary

* Kimco Realty Corp  KIM.N  reported quarterly adjusted
earnings
of 23 cents​​ per share for the quarter ended December 31,
higher than the same quarter last year, when the company
reported EPS of 22 cents.  The mean expectation of ten analysts
for the quarter was for earnings of 18 cents per share. Wall
Street expected results to range from 17 cents to 20 cents per
share.
    * Revenue rose 16.3% to $525.40 million from a year ago;
analysts
expected $512.02 million. 
    * Kimco Realty Corp's reported EPS for the quarter was 23
cents​.
    * The company reported quarterly net income of $154.84
million.
    * Kimco Realty Corp shares had fallen by 4.4% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.8%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 16
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the commercial
reits
peer group is also "buy"

Wall Street's median 12-month price target for Kimco Realty Corp
is $25.00 
This summary was machine generated from LSEG data February 7 at
02:30 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.42           0.42           Met
 Sep. 30 2024      0.41           0.43           Beat
 Jun. 30 2024      0.40           0.41           Beat
 Mar. 31 2024      0.37           0.39           Beat

Recent news on Kimco Realty

See all news