Unveiling Kimco Realty (KIM) Q2 Outlook: Wall Street Estimates for Key Metrics

Wall Street analysts expect Kimco Realty (KIM) to post quarterly earnings of $0.43 per share in its upcoming report, which indicates a year-over-year increase of 4.9%. Revenues are expected to be $526.88 million, up 5.3% from the year-ago quarter.Over the last 30 days, there has been a downward revision of 0.4% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.With that in mind, let's delve into the average projections of some Kimco Realty metrics that are commonly tracked and projected by analysts on Wall Street.The consensus estimate for 'Revenues- Management and other fee income' stands at $4.86 million. The estimate indicates a year-over-year change of +21.2%.The consensus among analysts is that 'Revenues- Revenues from rental properties, net' will reach $523.38 million. The estimate indicates a year-over-year change of +5.5%.It is projected by analysts that the 'Depreciation and amortization' will reach $152.02 million. View all Key Company Metrics for Kimco Realty here>>> Over the past month, shares of Kimco Realty have returned +3.5% versus the Zacks S&P 500 composite's +3.4% change. Currently, KIM carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .#1 Semiconductor Stock to Buy (Not NVDA)The incredible demand for data is fueling the market's next digital gold rush. As data centers continue to be built and constantly upgraded, the companies that provide the hardware for these behemoths will become the NVIDIAs of tomorrow.One under-the-radar chipmaker is uniquely positioned to take advantage of the next growth stage of this market. It specializes in semiconductor products that titans like NVIDIA don't build. It's just beginning to enter the spotlight, which is exactly where you want to be.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Kimco Realty Corporation (KIM): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks