Kimco Realty Delivers Stellar Quarterly Performance and Raises Outlook

Kimco Realty has reported third-quarter 2025 results that significantly surpassed market projections, prompting the real estate investment trust to upgrade its full-year guidance. The shopping center operator demonstrated exceptional leasing momentum and secured two top-tier credit ratings, though investor response to these positive developments has been notably restrained.

The retail real estate specialist posted impressive fundamental performance for the July-September period:
– Funds from operations reached $0.44 per share, beating the $0.43 consensus estimate
– Revenue climbed to $535.86 million, well ahead of the $523.13 million forecast
– Portfolio occupancy advanced to 95.7%, with small shop occupancy hitting a record 92.5%

Management responded to this robust operational showing by raising the full-year FFO guidance range to $1.75-$1.76 Read more...