Kimco Realty Corp (KIM, Financial) is set to release its Q2 2024 earnings on Aug 1, 2024. The consensus estimate for Q2 2024 revenue is $497.79 million, and the earnings are expected to come in at $0.15 per share. The full year 2024's revenue is expected to be $2.01 billion and the earnings are expected to be $0.42 per share. More detailed estimate data can be found here.
Kimco Realty Corp (KIM, Financial) Estimate Trends
Over the past 90 days, revenue estimates for Kimco Realty Corp (KIM) for the full year 2024 have increased from $1.93 billion to $2.01 billion, and for 2025, the estimates have increased from $1.99 billion to $2.07 billion. However, earnings estimates have shown a decline; for the full year 2024, they have decreased from $0.72 per share to $0.42 per share, and for 2025, from $0.77 per share to $0.63 per share.
Kimco Realty Corp (KIM, Financial) Reported History
In the previous quarter of March 31, 2024, Kimco Realty Corp's (KIM) actual revenue was $498.91 million, which beat analysts' revenue expectations of $477.31 million by 4.52%. Kimco Realty Corp's (KIM) actual earnings were -$0.03 per share, which missed analysts' earnings expectations of $0.25 per share by -111.86%. After releasing the results, Kimco Realty Corp (KIM) was up by 2.49% in one day.
Kimco Realty Corp (KIM, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 17 analysts, the average target price for Kimco Realty Corp (KIM) is $21.85 with a high estimate of $26 and a low estimate of $20. The average target implies a downside of -0.53% from the current price of $21.97.
Based on GuruFocus estimates, the estimated GF Value for Kimco Realty Corp (KIM, Financial) in one year is $23.4, suggesting an upside of 6.51% from the current price of $21.97.
Based on the consensus recommendation from 23 brokerage firms, Kimco Realty Corp's (KIM, Financial) average brokerage recommendation is currently 2.4, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
