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 June 30 - Earnings Summary

Kimco Realty Corp KIM.N reported quarterly adjusted earnings of 23 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 17 cents.  The mean expectation of nine analysts for the quarter was for earnings of 17 cents per share. Wall Street expected results to range from 16 cents to 21 cents per share.

Revenue rose 5% to $520.93 million from a year ago; analysts expected $522.96 million.

Kimco Realty Corp's reported EPS for the quarter was 23 cents​.

The company reported quarterly net income of $155.43 million.

Kimco Realty Corp shares had risen by 4.2% this quarter and lost 6.5% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 0.1% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "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 $23.00, about 4.8% above its last closing price of $21.90

This summary was machine generated from LSEG data July 31 at 01:32 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20250.430.44Beat
Mar. 31 20250.420.44Beat
Dec. 31 20240.420.42Met
Sep. 30 20240.410.43Beat

Recent news on Kimco Realty

See all news