Published on 29 Apr 2024 on Zacks via Yahoo Finance
What's in the Cards for Kimco (KIM) This Earnings Season?
Kimco Realty Corporation KIM is slated to report first-quarter 2024 results on May 2, before the opening bell. The company’s quarterly results are likely to display year-over-year growth in revenues and funds from operations (FFO) per share.
In the last reported quarter, this Jericho, NY-based retail real estate investment trust (REIT) delivered an in-line performance in terms of FFO per share. Though Kimco reported growth in revenues, a rise in interest expenses acted as a dampener.