Kimco Realty (KIM) Revenue — Quarter Ended Sep 30, 2024
Revenue for the quarter increased compared to the prior quarter and rose significantly versus the same quarter last year. The company's trailing twelve-month revenue reached a new high.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue for the quarter increased compared to the prior quarter and rose significantly versus the same quarter last year. The company's trailing twelve-month revenue reached a new high.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$507.6M
Revenue reported for this quarter.
Quarter-over-quarter
+1.5%
Change from the immediately preceding quarter.
Year-over-year
+13.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$2B
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 |
|---|---|---|
| Dec 31, 2023 | $451.6M | +2.7% |
| Mar 31, 2024 | $503.8M | +13.7% |
| Jun 30, 2024 | $500.2M | +13.0% |
| Sep 30, 2024 | $507.6M | +13.8% |
Revenue performance
Reported revenue moved higher from the immediately preceding quarter, continuing an upward trend. The year-over-year comparison showed a substantial gain.
Quarterly comparison
Compared to the prior quarter, revenue improved modestly. Relative to the same quarter one year earlier, revenue was markedly higher.
What to watch
The filing context does not provide specific revenue drivers; monitor future filings for operational details.