02.02.2016 22:08:48
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Kimco Realty Corp. Q4 Profit Advances 6%
(RTTNews) - Kimco Realty Corp. (KIM-PG) released earnings for its fourth quarter that gained ground from last year.
The company said its bottom line came in at $153.07 million, or $0.37 per share. This was higher than $144.64 million, or $0.35 per share, in last year's fourth quarter.
Analysts had expected the company to earn $0.35 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 13.7% to $300.87 million. This was up from $264.51 million last year.
Kimco Realty Corp. earnings at a glance:
-Earnings (Q4): $153.07 Mln. vs. $144.64 Mln. last year. -Earnings Growth (Y-o-Y): 5.8% -EPS (Q4): $0.37 vs. $0.35 last year. -EPS Growth (Y-o-Y): 5.7% -Analysts Estimate: $0.35 -Revenue (Q4): $300.87 Mln vs. $264.51 Mln last year. -Revenue Change (Y-o-Y): 13.7%
-Guidance: Full year EPS guidance: $1.48 - $1.52
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