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Public signal · 1-minute delayed
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AI summary
What happened, with direct paths to the underlying reporting
- Kimco reported FFO of 39 cents per share, beating estimates. - Revenues increased to $503.8 million, up 13.7% year over year. - CEO mentioned strong demand in open-air shopping centers and leasing growth. - Kimco revised 2024 FFO projection to $1.56-$1.60, up from previous estimate. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings
- Kimco reported FFO of 39 cents per share, beating estimates.
- Revenues increased to $503.8 million, up 13.7% year over year.
- CEO mentioned strong demand in open-air shopping centers and leasing growth.
- Kimco revised 2024 FFO projection to $1.56-$1.60, up from previous estimate.
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