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Simon Property reports Q1 real estate FFO $3.17, consensus $2.98

Reports Q1 FFO $2.91 vs. $2.67 last year. Reports Q1 revenue $1.76B, consensus $1.51B. “We are very pleased with our first-quarter results,” said CEO Eli Simon. “Our portfolio delivered strong operating performance, supported by continued leasing momentum, retailer sales and traffic increases, disciplined capital allocation, and growth in cash flow. Today, we increased our full-year 2026 Real Estate FFO per share guidance and raised our quarterly dividend.”

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