Kimco Realty Reports Q4 Adj. FFO Per Share Of $0.35 - Quick Facts

(RTTNews) - Kimco Realty Corp. (KIM) reported fourth-quarter income from continuing operations of $74.47 million or $0.14 per share, compared to $56.71 million or $0.09 per share, prior year. FFO per share was $0.38, compared to $0.33. FFO as adjusted per share was $0.35, for the quarter.

On average, 19 analysts polled by Thomson Reuters expected the company to report profit per share of $0.35 for the quarter. Analysts' estimates typically exclude special items.

Revenue increased to $264.51 million from $226.93 million last year. Analysts expected revenue of $255.90 million for the quarter.

Kimco expects 2015 FFO per share in the range of $1.45 - $1.53; and FFO as adjusted per share in the range of $1.40 - $1.44. Analysts expect the company to report fiscal 2015 earnings per share of $1.46.

Kimco's board declared a quarterly cash dividend of $0.24 per common share, payable on April 15, 2015, to shareholders of record on April 6, 2015.