Simon Property Group (NYSE: SPG) has announced that it will be unveiling its third quarter financial results on Tuesday 5th November 2024. The disclosure is planned to occur after market close.
As per the predictions of financial analysts on Wall Street, the business is set to report an estimated per share $1.58 profit for the third quarter. Additionally, the company is projected to unveil a revenue of $1.33 billion for the period.
According to analysts on Wall Street, the company's full-year performance is projected to result in a total revenue of $5.34 billion. Additionally, they forecast the earnings per share to hit profit of $7.12 for the fiscal year.
In the corresponding quarter of the previous year, the company's earnings report unveiled a per-share income of $3.2. Notably, the company's total revenue reached an impressive $1.41 billion during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $2.90 | +0.7% | 1.46 B | +6.5% |
| Q1 2024 | $3.56 | +29.9% | 1.44 B | +6.8% |
| Q4 2023 | $3.69 | +8.5% | 1.53 B | +9.1% |
| Q3 2023 | $3.20 | +9.2% | 1.41 B | +7.2% |
| Q2 2023 | $2.88 | -1.0% | 1.37 B | +7.0% |
| *Growth on year-over-year basis | ||||
During Friday's trading, Simon Property Group (SPG) shares reached a low of $166.00 and a high of $171.38, along with a total volume of 1.43 million shares. The stock ended the regular trading session at $167.70, indicating decline of 0.84 percent.
