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Kimco Realty Raises Full-Year Guidance After Third-Quarter Results

Revenue rose 1.9% year over year, and portfolio occupancy reached 96.6%.

Sunlit storefronts line a busy open-air shopping center / TokenPost.ai
Sunlit storefronts line a busy open-air shopping center / TokenPost.ai

Kimco Realty Corporation (KIM) raised its full-year guidance alongside third-quarter results that included $0.47 in funds from operations (FFO) and $546.15 million in revenue.

Revenue increased 1.9% from a year earlier. Portfolio occupancy reached 96.6%, while small-shop occupancy was 92.9%, matching its all-time high.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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