AI English summary of an SEC filing — figures as filed
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.
Key points
AI summaryThe 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.
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%.
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.
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-writtenAnalysis 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.
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