Investing.com - Simon Property (NYSE:SPG) reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Simon Property announced earnings per share of $2.07 on revenue of $1.3B. Analysts polled by Investing.com anticipated EPS of $1.06 on revenue of $1.15B.
Simon Property shares are up 75% from the beginning of the year and are trading at $149.36 , down-from-52-week-high.They are outperforming the S&P 500 which is up 22.83% from the start of the year.
Simon Property follows other major Services sector earnings this month
Simon Property's report follows an earnings missed by Amazon.com on Thursday, who reported EPS of $6.12 on revenue of $110.81B, compared to forecasts EPS of $8.9 on revenue of $111.55B.
Visa A had beat expectations on Tuesday, October 26, 2021 with fourth quarter EPS of $1.62 on revenue of $6.56B, compared to forecast for EPS of $1.55 on revenue of $6.52B.
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