Simon reports Q2 earnings growth and raises 2026 guidance
Real Estate FFO per share rose 7.9% to $3.29, driven by strong leasing demand and retailer sales. The company also increased full-year guidance and declared a higher dividend.
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Shopping, dining, and entertainment center owner and operator
simon.comLast updated
In short: Simon appointed Eli Simon as CEO after the death of David Simon and raised its 2026 financial outlook following strong earnings growth.
Real Estate FFO per share rose 7.9% to $3.29, driven by strong leasing demand and retailer sales. The company also increased full-year guidance and declared a higher dividend.
Net income rose to $479.6M, Real Estate FFO per share up 7.5% to $3.17.
It occurs on May 11, 2026, at 5PM ET.
The report features a final shareholder letter from late founder David Simon, shared by CEO Eli Simon. It emphasizes long-term shareholder value.
The company plans to use proceeds from the new debt issuances to repay existing 2026 debt and fund general corporate needs.
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