Results
Simon Property Q1 Beat, Raises FFO Guidance
Adjusted EPS $3.17 and revenue $1.76B beat estimates, with net income $479.6M ($1.48/share) up from prior year.
Real Estate FFO $1.208B ($3.17/share) rose 7.5% YoY; revenue grew 19.3% YoY to $1.76B.
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