Kimco Realty's Q2 earnings reported $0.17 EPS, missing estimates by $0.23 and shares dropped.
Kimco Realty's Q2 earnings reported $0.17 EPS, missing analysts' estimates of $0.40 by $0.23. Revenue was $500.20M, up 13% YoY, but still below the consensus estimate. Kimco updated its FY 2024 guidance to 1.600-1.620 EPS. Shares dropped $0.08 to $21.93. The company offers a $0.24 quarterly dividend with an annualized dividend of $0.96 and a yield of 4.38%. Analysts have given mixed ratings, with some raising price targets while others lowering them.
August 04, 2024
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