Kimco Realty Corp reports results for the quarter ended in June - Earnings Summary

Kimco Realty

27/07/2023 15:58

* Kimco Realty Corp  KIM.N  reported quarterly adjusted
earnings
of 16 cents​​ per share for the quarter ended in June. The mean
expectation of seven analysts for the quarter was for earnings
of 14 cents per share.
    * Revenue rose 3.7% to $439.01 million from a year ago;
analysts
expected $434.75 million. 
    * Kimco Realty Corp's reported EPS for the quarter was 16
cents​.
    * The mean earnings estimate of analysts had risen by
about 0.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Kimco Realty Corp shares had risen by 5.1% this
quarter and
lost 2.1% so far this year.
    * The company reported quarterly net income of $100.43
million.
    * Wall Street's median 12-month price target for Kimco
Realty Corp
is $23.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 11
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
27 at 02:58 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.39           0.39           Met
 Mar. 31 2023      0.39           0.39           Met
 Dec. 31 2022      0.39           0.38           Missed
 Sep. 30 2022      0.39           0.41           Beat