Kimco Realty Corp. Bottom Line Rises 4% In Q1

(RTTNews) - Kimco Realty Corp. (KIM-PG) announced a profit for its first quarter that rose from last year.

The company said its bottom line rose to $152.86 million, or $0.37 per share. This was up from $147.18 million, or $0.36 per share, in last year's first quarter.

Analysts had expected the company to earn $0.37 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 4.8% to $297.20 million. This was up from $283.46 million last year.

Kimco Realty Corp. earnings at a glance:

-Earnings (Q1): $152.86 Mln. vs. $147.18 Mln. last year. -Earnings Growth (Y-o-Y): 3.9% -EPS (Q1): $0.37 vs. $0.36 last year. -EPS Growth (Y-o-Y): 2.8% -Analysts Estimate: $0.37 -Revenue (Q1): $297.20 Mln vs. $283.46 Mln last year. -Revenue Change (Y-o-Y): 4.8%

-Guidance: Full year EPS guidance: $1.48 - $1.52