Simon Property reports Q3 FFO EPS $3.25, consensus $3.09

Reports Q3 revenue $1.60B, consensus $1.41B. “We delivered a strong quarter highlighted by excellent financial and operational performance,” said CEO David Simon. “Healthy demand was seen across all our platforms and is reflected in our results. Occupancy gains continued, retailer sales accelerated, and cash flow increased. We are also pleased to have acquired the remaining interest in Taubman Realty Group.”