Simon Property Group Earnings Preview: Can This Streak Continue?

Simon Property Group (NYSE:SPG) will report earnings before markets open on Friday, April 26th. Simon Property Group, Inc. is a self-administered and self-managed, real estate investment trust. The Company owns, develops, and manages retail real estate properties including regional malls, outlet centers, community/lifestyle centers, and international properties.

Here is your Cheat Sheet to Simon Property Group Earnings:

Earnings Expectations: Analysts expect earnings of $2.01 per share on revenues of $1.19 billion. Currently, the company’s P/E ratio stands at 37.31.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $2.01 to a profit $2.04. For the current year, the average estimate is a profit of $8.58, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Simon Property Group has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 3,783 3,775 3,958 4,306 4,880
Diluted EPS ($) 1.87 1.05 2.10 3.48 4.72

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 1,171 1,119 1,188 1,229 1,344
Diluted EPS ($) 1.24 2.18 0.71 0.84 0.99

Past Performance:
Simon Property Group has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]