Company Earnings UpdateSimon Property Group (NYSE: SPG) 4Q18 Results: In-Line Quarter, Softer 2019 Due to Department Store Closures Coresight Research February 4, 2019 Executive Summary Simon Property Group (Simon) reported 4Q18 FFO of $3.23 per share, in line with the consensus estimate. Revenues were $1.46 billion, up 2.3% year over year and ahead of the $1.44 billion consensus. Sales per square foot over the trailing 12 months were $661, an increase of 5.3%, and occupancy was 95.9% as of 12/31/18, up from 95.6% a year ago. For 2019, the company expects EPS of $7.30–$7.40 (down 6%–7%) and FFOPS of (up 1%–2%). Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Weekly US Store Openings and Closures Tracker 2025, Week 19: Rite Aid Files for Bankruptcy—AgainAnalyst Corner: Three Consumer-Focused Predictions for US Retail for the Second Half of 2025, with Anand Kumar4Q24 Retail Inventory Insights: Retailers Maintain Lean Inventories as Overall Inventory Ratio Remains UnchangedWeekly UK Store Openings and Closures Tracker 2025, Week 15: Amazon Closes Amazon Fresh Store; T.M.Lewin To Open One Store
