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Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

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Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

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Simon Property Group

Simon Property Group, Inc. operates as a self-administered and self-managed real estate investment trust. It owns, develops and manages retail real estate properties which primarily consist of regional malls, premium outlets and mills. Simon Property Group specializes in the ownership, development, management, leasing, acquisition and expansion of income-producing retail real estate assets. The company was founded by Fred Simon, Herbert Simon and Melvin Simon in December 1993 and is headquartered in Indianapolis, IN.

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Simon Property Group reports solid Q4 performance amidst challenges

Simon Property Group's Q4 2022 performance reflects steady growth in FFO per share and domestic property NOI, driven by strategic investments and strong retailer sales.
Despite challenges from rising interest rates and inflation, the company remains focused on dividend growth, lease renewals, and portfolio optimization for sustained success.
Opportunities lie in redevelopment projects, lease renewals, and expected NOI contributions from new stores, positioning Simon Property Group for continued growth and profitability.

Simon Property Group exceeds Q1 expectations, eyes growth opportunities

Simon Property Group (SPG) delivered strong Q1 2023 results, showcasing growth in property NOI, leasing activity, and retail sales per square foot, supported by enhanced liquidity and strategic investments.
While facing challenges from currency headwinds and lease dynamics, the company's focus on base rent growth, OPI investments, and mixed-use development positions it well for future growth.
Opportunities lie in expanding mixed-use developments, leveraging OPI investments for EBITDA growth, and capitalizing on strong leasing demand and property NOI growth expectations.
Overall, Simon Property Group's performance, strengths, and opportunities indicate a resilient and forward-looking approach to navigating the evolving real estate landscape.

Simon Property Group posts strong Q2 results amidst retail optimism

Simon Property Group delivered a strong Q2 performance with increased FFO and NOI, supported by robust leasing activity.
While facing challenges from Taubman's lower performance, the company aims to sustain growth and capitalize on retail sales optimism.
Opportunities lie in diversification strategies, sustained NOI growth targets, and managing risks from market uncertainties.
Overall, Simon Property Group's financial outlook remains positive, with a focus on maximizing revenue and shareholder value.

Simon Property Group posts strong Q3 results amidst market challenges

Simon Property Group delivered a strong Q3 performance with robust financial results and operational metrics, showcasing resilience and strategic decision-making.
Despite facing challenges related to interest rates, leasing dynamics, and retail market uncertainties, SPG remains proactive in addressing these issues and exploring growth opportunities.
The company's focus on asset optimization, leasing activity, and financial prudence positions it well to navigate market headwinds and capitalize on future opportunities for growth.
Investors should monitor SPG's continued leasing momentum, asset sales strategy, and response to evolving market conditions to assess its long-term performance and value creation.

Simon Property Group posts robust Q4 results and strategic growth outlook

SPG's Q4 2023 earnings call showcased strong financial performance, strategic focus on growth, and operational resilience.
The company's emphasis on portfolio management, value creation, and shareholder returns positions it well for sustained success.
While facing challenges with select retailers and operational efficiencies, SPG's liquidity, dividend increase, and growth outlook offer a positive outlook for investors.

Simon Property Group surpasses Q1 earnings targets amidst industry challenges

Simon Property Group (SPG) delivered strong Q1 results exceeding expectations, showcasing resilience in its operations and strategic investments.
While facing challenges from restructuring charges and macroeconomic uncertainties, SPG leverages its expertise to navigate through industry pressures.
The company's focus on capital recycling, stock buybacks, and strategic investments highlights its commitment to maximizing shareholder value and growth.

Simon Property Group posts robust Q2 results, raises full-year guidance

SPG's Q2 performance reflects resilience, operational strength, and strategic agility amidst market challenges and uncertainties.
The company's financial discipline, portfolio diversification, and shareholder-friendly initiatives position it well for sustained growth and value creation.
By addressing challenges, leveraging opportunities, and maintaining a focus on innovation, SPG aims to drive long-term success and shareholder value.

Simon Property Group reports resilient Q3 performance amidst evolving retail landscape

Simon Property Group (SPG) delivered a solid performance in Q3 2024, marked by strong financial metrics, strategic expansions, and a focus on enhancing customer experience.
While facing challenges in certain segments, SPG remains resilient through financial maneuvers and a commitment to rewarding shareholders, positioning itself for long-term success.
With opportunities in market expansion, strategic initiatives, and addressing changing consumer behaviors, SPG is poised to navigate challenges and drive growth in the dynamic retail landscape.

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Simon Property Group, Inc. is a self-administered and self-managed real estate investment trust, which engages in the ownership, development, and management of shopping, dining, entertainment, and mixed-used destinations, which consist primarily of malls, Premium Outlets, and the Mills. The company was founded by Fred Simon, Herbert Simon and Melvin Simon in 1993 and is headquartered in Indianapolis, IN.

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U.S. mall giant Simon Property Group Simon Property Group has exited Authentic Brands Group (ABG), selling off its near 10% stake in the international brand management business for nearly $1.2 billion.

Simon Sells ABG Stake, Eyes Express Despite Cooling Retail Holdings

Simon Property Group has shown strong growth year-over-year and is a resilient REIT despite challenging economic conditions. SPG reported a strong Q1, with FFO increasing double-digits for the full-year and beating revenue expectations. The company has made new developments and renovations to retain and attract customers, and has raised its dividend, making it an attractive long-term investment.

Simon Property Group: Still A Buy For Long-Term Dividend Growth Investors

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Simon Property's (SPG) Q1 results reflect a better-than-expected top line. This retail REIT behemoth raises its 2024 FFO per share outlook and dividend.

Simon Property (SPG) Up on Q1 FFO Beat, Outlook & Dividend Raise

Simon Property Group has seen a “big comeback” in malls, driven in part by domestic tourism. The company, which is a real estate investment trust that owns shopping, dining, entertainment and mixed-use destinations, saw its occupancy rise 1.1% year over year (YoY) and reach 95.

Simon Property Group Sees ‘Big Comeback' in Malls

Simon Property Group, Inc. (NYSE:SPG ) Q1 2024 Earnings Conference Call May 6, 2024 5:00 PM ET Company Participants Tom Ward - Senior Vice President, Investor Relations David Simon - Chairman, Chief Executive Officer and President Brian McDade - Executive Vice President and Chief Financial Officer Conference Call Participants Caitlin Burrows - Goldman Sachs Lizzy Doykan - Bank of America Samir Khanal - Evercore ISI Ronald Kamdem - Morgan Stanley Michael Goldsmith - UBS Alexander Goldfarb - Piper Sandler Nicholas Joseph - Citi Floris van Dijkum - Compass Point Vince Tibone - Green Street Juan Sanabria - BMO Capital Markets Haendel St. Juste - Mizuho Securities Linda Tsai - Jefferies Simon Hong - JPMorgan Greg McGinniss - Scotiabank Operator Greetings and welcome to the Simon Property Group First Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Simon Property Group, Inc. (SPG) Q1 2024 Earnings Call Transcript

The headline numbers for Simon Property (SPG) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Simon Property (SPG) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Simon Property (SPG) came out with quarterly funds from operations (FFO) of $3.56 per share, beating the Zacks Consensus Estimate of $2.80 per share. This compares to FFO of $2.74 per share a year ago.

Simon Property (SPG) Tops Q1 FFO and Revenue Estimates

INDIANAPOLIS , May 6, 2024 /PRNewswire/ -- Simon ®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today reported results for the quarter ended March 31, 2024. "We delivered strong results to start the year," said David Simon, Chairman, Chief Executive Officer and President.

Simon® Reports First Quarter 2024 Results, Increases Full Year 2024 Guidance and Raises Quarterly Dividend

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Real estate investment trust (REIT) Simon Property Group Inc (NYSE:SPG) has fallen since its March 21 two-year high of $157.82, last seen trading at $142.03.

Simon Property Group: Worst REIT to Own in May

Besides Wall Street's top -and-bottom-line estimates for Simon Property (SPG), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2024.

Insights Into Simon Property (SPG) Q1: Wall Street Projections for Key Metrics

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World-renowned shopping destination adds premium amenity, new stores  and shares update on future expansion plans  INDIANAPOLIS , April 24, 2024 /PRNewswire/ -- Simon® , a global leader in premier shopping, dining, entertainment and mixed-use destinations, today announced its plans to add customer experience enhancements and a new store line-up to Woodbury Common Premium Outlets® . Woodbury Common is one of the world's most successful outlet centers and features the largest collection of luxury outlets in North America.

Simon® Announces Exciting Additions to Woodbury Common Premium Outlets®

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Express Inc. disclosed Monday that it has filed for bankruptcy, a move the troubled clothing retailer has been expected to pursue for the past few months.

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This article downgrades my rating on Simon Property Group stock from a buy to a hold due to recent developments. The bullish catalysts I saw in 2023 have largely run their course. The performance rebound has already occurred, with occupancy levels reaching my expected range.

Simon Property: Time To Take Some Profit

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