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AI English summary of an SEC filing — figures as filed

Kimco Realty logoKimco Realty KIM

The company said net income available to common shareholders for Q3 2026 was $272.5 million ($0.41 per diluted share), compared with $130.2 million ($0.19 per share) a year earlier. FFO was $316.2 million, or $0.47 per diluted share, versus $0.44 a year earlier.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said net income available to common shareholders for Q3 2026 was $272.5 million ($0.41 per diluted share), compared with $130.2 million ($0.19 per share) a year earlier. FFO was $316.2 million, or $0.47 per diluted share, versus $0.44 a year earlier.

  2. Kimco said pro-rata occupancy reached 96.6% in Q3, up 20 basis points from the prior quarter and 90 basis points from a year earlier. Same property NOI rose 4.9% year over year, and the pro-rata cash rent spread on new leases was 31.5%.

  3. The company said it repurchased 6.3 million shares of common stock in Q3 at a weighted average price of $23.81 per share, for a total of $150 million. It also repurchased 753,707 Class N preferred depositary shares for $48.2 million.

  4. The company raised its full-year 2026 outlook for net income per diluted share to $1.07 to $1.09 and its FFO outlook to $1.84 to $1.86, up from previous ranges of $1.00 to $1.03 and $1.83 to $1.84, respectively.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Kimco Reports Q3 2026 Net Income and FFO

The company said net income available to common shareholders for Q3 2026 was $272.5 million ($0.41 per diluted share), compared with $130.2 million ($0.19 per share) a year earlier. FFO was $316.2 million, or $0.47 per diluted share, versus $0.44 a year earlier.

Source · Based on the filing body and exhibits

Occupancy and Same Property NOI

Kimco said pro-rata occupancy reached 96.6% in Q3, up 20 basis points from the prior quarter and 90 basis points from a year earlier. Same property NOI rose 4.9% year over year, and the pro-rata cash rent spread on new leases was 31.5%.

Source · Based on the filing body and exhibits

Share and Preferred Stock Repurchases

The company said it repurchased 6.3 million shares of common stock in Q3 at a weighted average price of $23.81 per share, for a total of $150 million. It also repurchased 753,707 Class N preferred depositary shares for $48.2 million.

Source · Based on the filing body and exhibits

2026 Full-Year Outlook Change

The company raised its full-year 2026 outlook for net income per diluted share to $1.07 to $1.09 and its FFO outlook to $1.84 to $1.86, up from previous ranges of $1.00 to $1.03 and $1.83 to $1.84, respectively.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.