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Barchart
Barchart
Rashmi Kumari

Earnings Preview: What to Expect From Simon Property's Report

SPG Simon Property Group

Simon Property Group, Inc. (SPG), headquartered in Indianapolis, Indiana, is a real estate company with a market cap of $57.05 billion. It specializes in premier shopping, dining, and entertainment destinations. The company will release its Q3 earnings report after the market closes on Tuesday, Nov. 5.

Ahead of the event, analysts expect SPG to report a profit of $3.01 per share, down 5.9% from $3.20 in the year-ago quarter. The company has surpassed Wall Street's earnings estimates in three of the last four quarters while missing on one other occasion.

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