Kimco Realty

Kimco Realty reported adjusted EPS of $0.22 and revenue of $550.8 million for Q2, both above consensus estimates. Same‑property NOI rose 3.5%, the pro‑rata occupancy rate reached a record high of 96.4%, and new leases achieved a combined spread of 40.4%. Management raised its FFO forecast for 2026, trimmed expected credit losses, and cited continued demand for shopping centers with grocery anchors. » More on de.investing.com

At the annual meeting, shareholders elected nine directors to the board and voted in an advisory ballot to approve executive compensation. They also confirmed PricewaterhouseCoopers as the independent auditor for the year ending December 31, 2026. Kimco reported Q1 2026 EPS of $0.23 and revenue of $558.02 million, beating expectations. Separately, Drip Coffee filed a lawsuit against Kimco alleging fraudulent lease practices. » More on de.investing.com

Kimco Realty held its annual meeting where all nine nominated directors were elected. Shareholders approved the executives’ compensation in a non-binding vote and confirmed PricewaterhouseCoopers as auditor for fiscal 2026. The REIT also reported Q1 results above expectations (EPS $0.23, revenue $558.02 million) and faces a lawsuit from Drip Coffee alleging misleading leasing practices. » More on de.investing.com