Kimco Realty Q1 Profit Rises to $0.18 a Share; Raises 2025 FFO and Net Income Outlook
Kimco Realty reported first-quarter 2025 net income available to common shareholders of $125.1 million, or $0.18 per diluted share, compared with a loss of $18.9 million, or $0.03 per share, a year earlier. FFO per diluted share rose 12.8% to $0.44, and the company raised its full-year 2025 outlook, which matters to shareholders because it signals higher expected per-share earnings and cash flow.
Key points
- Net income available to common shareholders was $125.1 million, or $0.18 per diluted share, versus a loss of $18.9 million, or $0.03, in Q1 2024.
- FFO was $301.9 million, or $0.44 per diluted share, up from $0.39 a year earlier.
- 2025 FFO guidance was raised to $1.71 to $1.74 per diluted share from $1.70 to $1.72; net income guidance was raised to $0.70 to $0.73 from $0.70 to $0.72.
- Same property NOI rose 3.9%, and pro-rata cash rent spreads on new leases were 48.7%. Pro-rata leased occupancy ended the quarter at 95.8%, down 50 basis points sequentially.
The filing
Written by AI on Nov 8, 2026, 1:11 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 01, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.