Investing.com - Simon Property (NYSE:SPG) reported fourth quarter earnings that beat analysts' expectations on Friday and revenue that topped forecasts.
The firm reported earnings per share of $2.3 on revenue of $1.46B. Analysts polled by Investing.com expected EPS of $1.91 on revenue of $1.44B. That compared to EPS of $1.62 on revenue of $1.43B in the same period a year earlier. The company had reported EPS of $1.8 on revenue of $1.41B in the previous quarter.
For the year, Simon Property shares are up 8.41%, under-performing the S&P 500 which is up 9.58% year to date.
Simon Property follows other major Services sector earnings this month
On Thursday, Amazon.com reported fourth quarter EPS of $6.04 on revenue of $72.38B, compared to forecasts of EPS of $5.64 on revenue of $71.87B.
Visa earnings beat analyst's expectations on Wednesday, with first quarter EPS of $1.3 on revenue of $5.51B. Investing.com analysts expected EPS of $1.25 on revenue of $5.41B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar