Simon Property Earnings miss, Revenue Inline In Q4 By Investing.com

Simon Property (NYSE:SPG) reported on Monday fourth quarter earnings that missed analysts’ forecasts and revenue that was inline with expectations.

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 and are trading at $99.11 , down-from-52-week-high.They are outperforming the S&P 500 which is up 4.25% from the start of the year.

Simon Property follows other major Services sector earnings this month

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.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar