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Simon Property Group Q3 FFO Falls, Revenue Rises; 2026 FFO Guidance Raised

Simon Property Group Q3 FFO Falls, Revenue Rises; 2026 FFO Guidance Raised

MT newswireMT newswire2026/11/05 20:13
04:13 PM EST, 11/05/2026 (MT Newswires) -- Simon Property Group (SPG) reported Q3 funds from operations late Thursday of $3.09 per diluted share, down from $3.25 a year ago. Analysts polled by FactSet expected $3.31. Revenue for the three months ended Sept. 30 was $1.81 billion, up from $1.60 billion a year earlier. Analysts expected $1.63 billion. For 2026, the company now expects real estate FFO of $13.30 to $13.40 per share, compared with $13.20 to $13.30 previously. Analysts expect $13.21.
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