09:11 AM EDT, 05/02/2024 (MT Newswires) -- Kimco Realty ( KIM ) reported Q1 funds from operations Thursday of $0.39 per diluted share, unchanged from a year earlier.

Analysts surveyed by Capital IQ expected $0.37.

Revenue for the quarter ended March 31 was $503.8 million, up from $442.9 million a year earlier.

Analysts polled by Capital IQ expected $452.8 million.

For full-year 2024, the company said it expects funds from operations of $1.56 to $1.60 per diluted share, up from the previous outlook of $1.54 to $1.58. Analysts surveyed by Capital IQ are expecting $1.58.

Kimco's ( KIM ) board maintained the quarterly dividend at $0.24 per share, payable June 20 to shareholders of record as of June 6.

Price: 18.84, Change: +0.34, Percent Change: +1.84