Kimco Realty Corporation (NYSE:KIM) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.
Kimco Realty Corporation Earnings Cheat Sheet
Results: Adjusted Earnings Per Share increased 6.45% to $0.33 in the quarter versus EPS of $0.31 in the year-earlier quarter.
Revenue: Rose 4.64% to $241.2 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: Kimco Realty Corporation reported adjusted EPS income of $0.33 per share. By that measure, the company beat the mean analyst estimate of $0.32. It beat the average revenue estimate of $226.2 million.
Quoting Management: There was no comment from the management.
Key Stats (on next page)…