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Shares of Simon Property Group, Inc. (SPG) are climbing more than 3% Monday morning, ahead of its second-quarter earnings, which is scheduled today, after market closes.


RTTNews | Aug 10, 2020 10:04AM EDT

10:03 Monday, August 10, 2020 (RTTNews.com) - Shares of Simon Property Group, Inc. (SPG) are climbing more than 3% Monday morning, ahead of its second-quarter earnings, which is scheduled today, after market closes.

On average, 5 analysts polled by Thomson Reuters expect the company to report earnings of $0.98 per share on revenue of $1.14 billion in the secon quarter.

The mall-owner is reportedly in talks with Amazon to convert its empty retail spaces in mall as Amazon's fullfillment centres.

SPG is currently at $64.51. It has traded in the range of $42.25- $163.60 in the last one year.

Read the original article on RTTNews ( https://www.rttnews.com/3120098/stock-alert-simon-property-group-up-3.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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