Published on 5 Nov 2021 on Zacks via Yahoo Finance
Kimco Realty (KIM) Tops Q3 FFO and Revenue Estimates
Kimco Realty (KIM) came out with quarterly funds from operations (FFO) of $0.32 per share, beating the Zacks Consensus Estimate of $0.30 per share. This compares to FFO of $0.25 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an FFO surprise of 6.67%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.31 per share when it actually produced FFO of $0.34, delivering a surprise of 9.68%.
Over the last four quarters, the company has surpassed consensus FFO estimates four times.