Simon Property Group (NYSE:SPG) is set to give its latest quarterly earnings report on Monday, 2022-02-07. Here's what investors need to know before the announcement.
Analysts estimate that Simon Property Group will likely report an Earnings Per Share (EPS) of $1.44.
Simon Property Group bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Here's a look at Simon Property Group's past performance and the resulting price change:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | ||||
| EPS Actual | 3.13 | 3.24 | 2.48 | 2.17 |
| Price Change % | 6.45% | 2.55% | -3.24% | 3.65% |
Stock Performance
Shares of Simon Property Group were trading at $145.56 as of February 03. Over the last 52-week period, shares are up 46.08%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
If you want to track all upcoming earnings announcements, check out our Earnings Calendar here
