We analyze reporting
REIT Simon Property Group (NYSE: SPG) reported a decrease in revenue from 1.353 to 1.239 billion, but profit increased from 437.605 to 445.86 million. Truth, profit growth was due to one-time non-core income - asset sales, and the operating profit of the company fell by 7,64%.
Basically, the result is quite expected, considering the sad situation with American malls: the company's rental space occupancy rate in the US is 90,8%, what is lower, than when we did the review. At the same time, by the end of 2021, the company expects profit growth - 9.7-9.8 $ per share, What's on 13 cents above, than originally expected.
Another positive point is, that REIT does not pay dividends anymore, what does he make, so the shareholders of the company, probably, until you have to worry about the safety of your payments. As Bane said in the third "Batman": "Now is not the time for fear. It will come later. ".
У Roblox (NYSE: RBLX)
