Kimco Realty (KIM) Revenue — Quarter Ended Mar 31, 2024
Revenue for the quarter ended March 31, 2024 increased compared to both the prior quarter and the same quarter last year. The growth reflects a continuation of the upward trend observed over the past four quarters.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue for the quarter ended March 31, 2024 increased compared to both the prior quarter and the same quarter last year. The growth reflects a continuation of the upward trend observed over the past four quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$503.8M
Revenue reported for this quarter.
Quarter-over-quarter
+11.5%
Change from the immediately preceding quarter.
Year-over-year
+13.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$1.8B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2023 | $442.8M | +3.7% |
| Sep 30, 2023 | $446.1M | +2.9% |
| Dec 31, 2023 | $451.6M | +2.7% |
| Mar 31, 2024 | $503.8M | +13.7% |
Revenue performance
Reported revenue rose from the immediately preceding quarter, marking the highest quarterly figure in the trailing twelve months.
Quarterly comparison
Compared to the same quarter one year earlier, revenue was higher. The sequential increase from the prior quarter also contributed to the year-over-year gain.
What to watch
The filing context does not provide specific commentary on revenue drivers; monitor future filings for underlying factors.