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Compared to Estimates, Simon Property (SPG) Q3 Earnings: A Look at Key Metrics
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Simon Property (SPG - Free Report) reported $1.81 billion in revenue for the quarter ended September 2026, representing a year-over-year increase of 13.3%. EPS of $3.37 for the same period compares to $1.86 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $1.73 billion, representing a surprise of +4.92%. The company delivered an EPS surprise of +1.51%, with the consensus EPS estimate being $3.32.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Simon Property performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
U.S. Malls and Premium Outlets - Occupancy - Total Portfolio: 96.5% compared to the 96% average estimate based on two analysts.
Revenue- Management fees and other revenues: $46.18 million versus the four-analyst average estimate of $40.01 million. The reported number represents a year-over-year change of +25.1%.
Revenue- Other income: $86.98 million versus the two-analyst average estimate of $94.7 million. The reported number represents a year-over-year change of -22.1%.
Revenue- Lease income: $1.68 billion versus the two-analyst average estimate of $1.67 billion. The reported number represents a year-over-year change of +15.7%.
Net Earnings Per Share (Diluted): $1.54 compared to the $1.74 average estimate based on three analysts.
Shares of Simon Property have returned +15.6% over the past month versus the Zacks S&P 500 composite's -0.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
View the Zacks #1 Rank List
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Compared to Estimates, Simon Property (SPG) Q3 Earnings: A Look at Key Metrics
Simon Property (SPG - Free Report) reported $1.81 billion in revenue for the quarter ended September 2026, representing a year-over-year increase of 13.3%. EPS of $3.37 for the same period compares to $1.86 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $1.73 billion, representing a surprise of +4.92%. The company delivered an EPS surprise of +1.51%, with the consensus EPS estimate being $3.32.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Simon Property performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Simon Property here>>>
Shares of Simon Property have returned +15.6% over the past month versus the Zacks S&P 500 composite's -0.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.