NYSE$SPG
Simon Property Group Inc · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
Simon Property Group's results reflected solid profitability and substantial improvement in cash flow from operations.
Simon Property Group reported solid profitability and substantial improvement in cash flow from operations for Q3 2020. The company is encouraged by increases in shopper traffic, retailer sales and tenant rent collections. As of November 6, 2020, the Company has collected from its U.S. retail portfolio, 85% of its net billed rents for the third quarter.
- SPG collected 85% of net billed rents for Q3 from U.S. retail portfolio as of Nov 6, 2020.
- Completed redevelopment of former department store spaces at Broadway Square and Cape Cod Mall.
- Rinku Premium Outlets (Izumisano, (Osaka) Japan) opened a 110,000 square-foot expansion.
- As of September 30, 2020, Simon had more than $9.7 billion of liquidity.
Headline financials
Revenue & EPS history
Simon · Revenue · Quarterly
$1.06B
Revenue by segment
Simon · $1.41B total across 3 segments · Q3 2023
- Lease income$1.3B+6.9%92.0%
- Other income$82.2M+14.6%5.8%
- Management & other$30.1M+4.9%2.1%
Forward guidance
The company did not provide specific financial guidance for the next quarter or fiscal year in the provided document.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2020
+1.4%
Avg return
Earnings day
+2.7%
Avg return
5 days after
+3.3%
Avg return
30 days after
60%
44 / 73 earnings
Positive
+27.4%
Q3 2020
Best reaction
-7.1%
Q3 2016
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.0% | +1.1% | +7.5% | |
| Q4 2025 | -1.6% | +4.4% | +5.1% | |
| Q3 2025 | +3.2% | +3.9% | +3.8% | |
| Q2 2025 | -0.9% | +3.8% | +9.6% | |
| Q1 2025 | -5.9% | -3.7% | -7.4% | |
| Q4 2024 | +3.3% | +4.2% | -1.3% | |
| Q3 2024 | +1.8% | +2.7% | +8.6% | |
| Q2 2024 | +3.0% | +5.0% | +9.3% | |
| Q1 2024 | +3.5% | +3.4% | +7.4% | |
| Q4 2023 | +4.0% | +6.5% | +10.4% | |
| Q3 2023 | +5.1% | +12.8% | +17.4% | |
| Q2 2023 | -5.6% | -4.6% | -8.4% | |
| Q1 2023 | -5.2% | -3.5% | -8.9% | |
| Q4 2022 | -3.0% | -4.2% | -5.9% | |
| Q3 2022 | +2.4% | +6.0% | +9.2% | |
| Q2 2022 | -2.9% | -2.0% | -6.1% | |
| Q1 2022 | -1.9% | -3.8% | -11.2% | |
| Q4 2021 | -2.2% | -2.3% | -8.7% | |
| Q3 2021 | +8.5% | +16.3% | +0.8% | |
| Q2 2021 | +2.4% | +6.9% | +7.3% | |
| Q1 2021 | -1.8% | -2.2% | +8.5% | |
| Q4 2020 | +6.0% | +12.9% | +18.1% | |
| Q3 2020 | +27.4% | +20.8% | +46.8% | |
| Q2 2020 | +8.0% | +9.6% | +10.7% | |
| Q1 2020 | -6.0% | -11.5% | +43.1% | |
| Q4 2019 | +5.8% | +6.2% | -9.7% | |
| Q3 2019 | -1.4% | +3.4% | -1.1% | |
| Q2 2019 | -1.7% | -3.4% | -7.0% | |
| Q1 2019 | +1.1% | +2.1% | -7.2% | |
| Q4 2018 | -0.1% | +0.9% | -3.6% | |
| Q3 2018 | +3.3% | +7.9% | +4.8% | |
| Q2 2018 | +4.5% | +5.7% | +7.7% | |
| Q1 2018 | +4.1% | +6.0% | +6.2% | |
| Q4 2017 | -1.8% | -4.6% | -4.4% | |
| Q3 2017 | -3.7% | -4.1% | -3.5% | |
| Q2 2017 | +1.8% | +3.8% | -1.0% | |
| Q1 2017 | +0.1% | +2.3% | -4.7% | |
| Q4 2016 | +2.1% | +4.3% | +1.9% | |
| Q3 2016 | -7.1% | -5.7% | -8.1% | |
| Q2 2016 | -0.2% | +1.4% | -4.8% | |
| Q1 2016 | +0.4% | — | — | |
| Q4 2015 | +0.6% | — | — | |
| Q3 2015 | +1.2% | — | — | |
| Q2 2015 | +2.4% | — | — | |
| Q1 2015 | +0.4% | — | — | |
| Q4 2014 | -2.6% | — | — | |
| Q3 2014 | +0.2% | — | — | |
| Q2 2014 | -0.0% | — | — | |
| Q1 2014 | +0.1% | — | — | |
| Q4 2013 | -1.2% | — | — | |
| Q3 2013 | -1.8% | — | — | |
| Q2 2013 | -1.7% | — | — | |
| Q1 2013 | -0.0% | — | — | |
| Q4 2012 | -0.1% | — | — | |
| Q3 2012 | -0.6% | — | — | |
| Q2 2012 | +0.3% | — | — | |
| Q1 2012 | +2.2% | — | — | |
| Q2 2011 | -1.0% | — | — | |
| Q4 2011 | -1.0% | — | — | |
| Q3 2011 | +0.9% | — | — | |
| Q1 2011 | +0.4% | — | — | |
| Q4 2010 | +4.2% | — | — | |
| Q2 2010 | +4.2% | — | — | |
| Q3 2010 | +2.3% | — | — | |
| Q1 2009 | +5.8% | — | — | |
| Q1 2010 | -0.8% | — | — | |
| Q4 2009 | +1.0% | — | — | |
| Q3 2008 | +1.0% | — | — | |
| Q3 2009 | +1.0% | — | — | |
| Q2 2009 | +7.9% | — | — | |
| Q4 2007 | +7.9% | — | — | |
| Q4 2008 | +7.9% | — | — | |
| Q2 2008 | +7.9% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro