Report
Brad Schwer
EUR 101.80 For Business Accounts Only

Simon Reports Fourth-Quarter Results; We Anticipate a Tough Upcoming Leasing Environment

Simon Property Group reported fourth-quarter earnings that were roughly in line with our expectations and management’s guidance. Funds from operations (FFO) for the quarter came in at $11.21, an increase of 6.9% from the prior-year period, with management projecting mid-single-digit 2018 FFO growth of between $11.90 and $12.02 per share. While our 2018 FFO estimate is at the lower end of the recently issued range, we think the inflection point lies beyond 2018, when slowly changing retail strate...
Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

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Brad Schwer

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