Simon Property Group Q1 FFO $2.91 Misses $3.04 Estimate, Sales $1.757B Beat $1.512B Estimate
Simon Property Group (NYSE:SPG) reported quarterly earnings of $2.91 per share which missed the analyst consensus estimate of $3.04 by 4.28 percent. This is a 8.99 percent increase over earnings of $2.67 per share from the same period last year. The company reported quarterly sales of $1.757 billion which beat the analyst consensus estimate of $1.512 billion by 16.19 percent. This is a 19.28 percent increase over sales of $1.473 billion the same period last year.
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