Kimco Realty Corporation (NYSE:KIM) is expected to report second quarter earnings results, before market open, on Friday 7th August 2020.
Analysts polled by Thomson Reuters anticipate second quarter income of $ 0.07 per share.
Looking ahead, the full year income are expected at $ 0.53 per share on the revenues of $ 1073.74 million.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 1.46 ~ $ 1.50 per share
Click Here For More Historical Outlooks Of Kimco Realty Corporation
Previous Quarter Performance
Kimco Realty Corporation posted income for the first quarter of $ 0.37 per share, from the revenue of $ 289.74 million. The quarterly earnings escalated 54.17 percent while revenues fell 0.31 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.18 per share from $ 284.44 million in revenue. The bottom line results beat street analysts by $ 0.19 or 105.56 percent, at the same time, top line results outshined analysts by $ 5.30 million or 1.86 percent.
Historical Earnings Performance
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Stock Performance
The company has a market capital of $ 4.95 billion and is part of the Real Estate sector and REIT – Retail industry.
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Recent Analyst recommendations
- On 8th July 2020, upgraded by Compass Point to Neutral from Sell rating, with $ 13.00 target price.
- On 15th June 2020, downgraded by Evercore ISI to Underperform from In-Line rating.
- On 15th June 2020, maintained by SunTrust Robinson Humphrey at Hold rating, with $ 12.00 target price.
Conference Call
Kimco Realty Corporation will be hosting a conference call at 8:30 AM eastern time on 7th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.kimcorealty.com
Kimco Realty Corp. (NYSE: KIM) is a real estate investment trust (REIT) headquartered in New Hyde Park, N.Y., that is one of North Americas largest publicly traded owners and operators of open-air shopping centers. As of June 30, 2019, the company owned interests in 428 U.S.
