SPG Earnings Predictions — 2026-08-10

Ticker Report or Guide KPI Prediction Answer Confidence
SPG Report Q2 2026 Real Estate FFO per share BEAT pred ~$3.23 vs. cons $3.18 MEDIUM
SPG Report Q2 2026 total revenue BEAT pred ~$1.79B vs. cons $1.61B MEDIUM
SPG Report Q2 2026 domestic property NOI growth BEAT pred ~5.3% vs. cons 5.0% MEDIUM
SPG Guide Real Estate FFO per share guidance midpoint BETTER guide ~$13.28 vs. cons $13.22 (FY2026) MEDIUM
SPG Guide Quarterly common dividend per share BETTER guide ~$2.30 vs. cons $2.25 (Q3 2026) MEDIUM
SPG Return Day-1 residual (stock − beta × S&P 500) +1.8% MEDIUM
SPG Return 5-day cumulative residual +1.2% (FADE) A Q2 Real Estate FFO beat and modest FY2026 guidance increase should lift estimates initially, but guide midpoint ~$13.28 less predicted first-half FFO of ~$6.40 implies second-half FFO of ~$6.88 versus consensus near $6.87; nearly unchanged out-period math and a rich valuation should partially fade the day-1 gain. MEDIUM