Kimco Q3 FFO & Revenues Surpass Estimates, '24 Outlook Raised
Kimco Realty(KIM) ZACKS·2024-11-01 01:46
Kimco Realty Corp. (KIM) has reported third-quarter 2024 funds from operations (FFO) per share of 41 cents, which beat the Zacks Consensus Estimate of 40 cents. The metric grew 7.5% from the year-ago quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.This retail REIT clocked in revenues of $507.6 million, which topped the consensus mark of $500.3 million. The figure improved 13.8% year over year.Although Kimco reported year over year revenue growth, a rise in interest expenses ...