04:47 PM EDT, 08/04/2025 (MT Newswires) -- Simon Property Group ( SPG ) reported Q2 funds from operations late Monday of $3.15 per diluted share, up from $2.90 a year earlier.
Analysts polled by FactSet expected $3.05.
Revenue for the quarter ended June 30 was $1.50 billion, up from $1.46 billion a year earlier.
Analysts polled by FactSet expected $1.38 billion.
For full-year 2025, the real estate investment trust updated its real estate FFO guidance to between $12.45 and $12.65 versus prior estimate of $12.40 to $12.65. Analysts polled by FactSet are looking for $12.32, if comparable.
Additionally, the company increases its quarterly cash dividend to $2.15 per share from $2.10, payable Sept. 30 to shareholders of record on Sept. 9.