Kimco Realty (KIM) Revenue — Quarter Ended Jun 30, 2024
Revenue for the quarter declined slightly from the prior quarter but remained well above the level reported in the same quarter last year. The sequential decrease followed a strong increase in the preceding quarter.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue for the quarter declined slightly from the prior quarter but remained well above the level reported in the same quarter last year. The sequential decrease followed a strong increase in the preceding quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$500.2M
Revenue reported for this quarter.
Quarter-over-quarter
-0.7%
Change from the immediately preceding quarter.
Year-over-year
+13.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$1.9B
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 |
|---|---|---|
| Sep 30, 2023 | $446.1M | +2.9% |
| Dec 31, 2023 | $451.6M | +2.7% |
| Mar 31, 2024 | $503.8M | +13.7% |
| Jun 30, 2024 | $500.2M | +13.0% |
Revenue performance
Reported revenue moved lower compared with the immediately preceding quarter, reversing part of the prior period's gain.
Quarterly comparison
Compared with the same quarter one year earlier, revenue was higher, continuing a pattern of year-over-year growth seen in recent quarters.
What to watch
The filing context does not provide a specific explanation for the quarter's revenue change.