A Preview Of Simon Property Group's Earnings

Simon Property Group SPG is set to give its latest quarterly earnings report on Monday, 2023-10-30. Here's what investors need to know before the announcement.

Analysts estimate that Simon Property Group will report an earnings per share (EPS) of $2.98.

Simon Property Group bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Here's a look at Simon Property Group's past performance and the resulting price change:

Stock Performance

Shares of Simon Property Group were trading at $106.32 as of October 26. Over the last 52-week period, shares are down 3.13%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

To track all earnings releases for Simon Property Group visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.