Simon Property Group Inc Reports 5% Gain In Q4 Bottom Line

(RTTNews) - Simon Property Group Inc (SPG) revealed earnings for its fourth quarter that increased from last year.

The company said its bottom line came in at $912.2 million, or $2.53 per share. This was up from $866.5 million, or $2.40 per share, in last year's fourth quarter.

The company said revenue for the quarter rose 3.6% to $1.43 billion. This was up from $1.38 billion last year.

Simon Property Group Inc earnings at a glance:

-Earnings (Q4): $912.2 Mln. vs. $866.5 Mln. last year. -Earnings Growth (Y-o-Y): 5.3% -EPS (Q4): $2.53 vs. $2.40 last year. -EPS Growth (Y-o-Y): 5.4% -Revenue (Q4): $1.43 Bln vs. $1.38 Bln last year. -Revenue Change (Y-o-Y): 3.6%

-Guidance: Full year EPS guidance: $11.45 to $11.55