Simon Property Group Inc (SPG) reported better-than-expected financial results for the third quarter of fiscal 2025. The company posted earnings per share (EPS) of $1.86, surpassing Wall Street's consensus estimate of $1.70 by $0.16. Revenue reached $1.5 billion, exceeding the anticipated $1.4 billion.
The announcement highlights a positive operational performance for the real estate investment trust, which owns and manages a diverse portfolio of shopping, dining, entertainment, and mixed-use destinations, including over 250 properties worldwide. The firm, headquartered in Indianapolis, Indiana, employs 2,400 full-time staff.
Simon Property Group will host its earnings conference call at 8:00 AM ET to discuss these results and provide further insights into business performance. Investors are encouraged to review the full earnings release and listen to management's commentary for a comprehensive understanding of the quarter's performance and future outlook.
Looking ahead, the company is set to report its next earnings on February 1, 2026, with EPS estimates of $1.9877 and revenue expectations of $1.5 billion.