<< Read Full Article
<< Read Full Article
Simon Posts Surprise Profit, Cuts Outlook
Mall operator Simon Property(SPG Quote) reported better-than-expected funds from operations, or FFO, due to higher rent and lower expenses.
Simon said first-quarter FFO rose 14% to $476.8 million, or $1.61 a share, compared with $420.1 million, or $1.46. Results easily surpassed analysts' expectations of $1.46 a share.
Revenue grew 3% to $918 million from $895 million last year. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,285.97 | 1,091.93 | 2,172.99 | 33.92 |
Oil *
75.40
|
|
DOWN
104.14
|
DOWN
11.32
|
DOWN
16.62
|
DOWN
0.56
|
10 Yr
3.39%
SPDR Gold
110.95
|
|
-1.00%
|
-1.03%
|
-0.76%
|
-1.62%
|
Data delayed 20 minutes |
Connect with TheStreet