The real estate investment trust, based in
The average estimate of eight analysts surveyed by
Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.
The company said it had net income of
The shopping mall real estate investment trust posted revenue of
Simon Property expects full-year funds from operations to be
The company's shares have risen 48% since the beginning of the year, while the S&P's 500 index has climbed 17%. In the final minutes of trading on Monday, shares hit
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from
Copyright by Automated Insights, Inc. All rights reserved., source