Simon Property announced earnings per share of $0.48 on revenue of $1.06B. Analysts polled by Investing.com anticipated EPS of $0.96 on revenue of $1.12B.
Simon Property shares are down 46% from the beginning of the year, still down 49.60% from its 52 week high of $156.93 set on November 12, 2019. They are under-performing the S&P 500 which is up 9.9% from the start of the year.
Simon Property’s report follows an earnings beat by Amazon.com on October 29, who reported EPS of $12.37 on revenue of $96.15B, compared to forecasts EPS of $7.41 on revenue of $92.78B.
Alibaba ADR had beat expectations on Thursday with second quarter EPS of $18 on revenue of $155.06B, compared to forecast for EPS of $13.82 on revenue of $154.87B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar