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

Kimco Realty

26/10/2023 14:32

* Kimco Realty Corp  KIM.N  reported quarterly adjusted
earnings
of 19 cents​​ per share for the quarter ended in September. The
mean expectation of seven analysts for the quarter was
for earnings of 16 cents per share.
    * Revenue rose 3% to $441.82 million from a year ago;
analysts
expected $436.29 million. 
    * Kimco Realty Corp's reported EPS for the quarter was 18
cents​.
    * The mean earnings estimate of analysts was unchanged 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 fallen by 6.9% this
quarter and
lost 22.7% so far this year.
    * The company reported quarterly net income of $111.95
million.
    * Wall Street's median 12-month price target for Kimco
Realty Corp
is $22.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
October 26 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.39           0.40           Beat
 Jun. 30 2023      0.39           0.39           Met
 Mar. 31 2023      0.39           0.39           Met
 Dec. 31 2022      0.39           0.38           Missed