Simon Property announced earnings per share of $0.86 on revenue of $1.13B. Analysts polled by Investing.com anticipated EPS of $0.9009 on revenue of $1.13B.
Simon Property shares are up 16% from the beginning of the year, still down 31.32% from its 52 week high of $144.30 set on February 11, 2020. They are outperforming the S&P 500 which is up 4.25% from the start of the year.
Simon Property’s report follows an earnings beat by Amazon.com on February 2, who reported EPS of $14.09 on revenue of $125.56B, compared to forecasts EPS of $7.2 on revenue of $119.72B.
Alibaba ADR had beat expectations on February 2 with third quarter EPS of $22.03 on revenue of $221.08B, compared to forecast for EPS of $20.59 on revenue of $214.17B.
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