Simon Property Group (SPG) Tops Q2 FFO by 27c/Share

Simon Property Group (NYSE: SPG) reported Q2 FFO of $2.63, $0.27 better than the analyst estimate of $2.36. Revenue for the quarter came in at $1.35 billion versus the consensus estimate of $1.24 billion.

Today, the Company is raising both the low and high ends of its previously provided full year 2015 FFO range and currently estimates a range of $10.02 to $10.07 per diluted share for the year ending December 31, 2015, with net income to be within a range of $5.47 to $5.52 per diluted share.

For earnings history and earnings-related data on Simon Property Group (SPG) click here.

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