Kimco Realty (KIM) Revenue — Quarter Ended Dec 31, 2024
Revenue for the quarter increased compared to both the prior quarter and the same quarter last year. The reported figure reflects continued growth in the company's top line.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue for the quarter increased compared to both the prior quarter and the same quarter last year. The reported figure reflects continued growth in the company's top line.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$525.4M
Revenue reported for this quarter.
Quarter-over-quarter
+3.5%
Change from the immediately preceding quarter.
Year-over-year
+16.3%
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 |
|---|---|---|
| Mar 31, 2024 | $503.8M | +13.7% |
| Jun 30, 2024 | $500.2M | +13.0% |
| Sep 30, 2024 | $507.6M | +13.8% |
| Dec 31, 2024 | $525.4M | +16.3% |
Revenue performance
Revenue rose from the immediately preceding quarter, extending the upward trajectory seen throughout the fiscal year. The year-over-year comparison also showed a notable increase.
Quarterly comparison
Compared to the prior quarter, revenue was higher, and the year-over-year gain was the largest among the four quarters of the fiscal year. The trailing twelve-month revenue reached a new high.
What to watch
The filing context discusses risks related to joint ventures and mortgage receivables, which could affect future revenue stability.