KIM - Kimco Realty FFO of $0.38 misses by $0.01 revenue of $439.83M beats by $11.22M initiates 2023 outlook
- Kimco Realty press release ( NYSE: KIM ): Q4 FFO of $0.38 misses by $0.01 .
- Revenue of $439.83M (+3.6% Y/Y) beats by $11.22M .
- Achieved Highest Year-over-Year Occupancy Rate Increase in the Past Fifteen Years –
- Leased 2.5 Million Square Feet in the Fourth Quarter and 11.6 Million Square Feet in 2022 –
- 2023 Outlook: Net Income available to common shareholders per share $0.93 to $0.97, FFO $1.53 to $1.57 vs consensus of $1.59.
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Kimco Realty FFO of $0.38 misses by $0.01, revenue of $439.83M beats by $11.22M, initiates 2023 outlook