Kimco Realty Corp (NYSE:KIM) Post Earnings Recap

Kimco Realty Corp vs Industry Leaders:

The company is ranked 15^th among its industry peers by long term growth rate of 8.20 percent. The company’s ranked 7^th among 58 REIT – Retail Companies by market capitalization. The company maintains the market capitalization of $7.93 billion in its industry.

1^st Quarter 2012 Financial Results:

Revenue:

Kimco Realty Corp (NYSE:KIM) reported the revenue of $221.93 million for the quarter ended March 31^st, 2012 as compared to revenue of $225.14 million for the same period last year.

Net Income 2012 vs Net Income 2011:

Kimco Realty Corp (NYSE:KIM) reported the net profit of $53.64 million or earnings of $0.09 per share for the respective quarter as compared to net income of $28.96 million or earnings of $0.04 per share last year.

Balance Sheet:

The company’s total assets accumulate up to $9.82 billion with highest proportion of current assets in its composition. The company maintains strong short term liquidity position as per its current ratio of 4.08 times. Its total liabilities stand at $4.73 billion as compared to its total equity of 5.08 billion.

Kimco Realty Corp’s Competitors:

Equity One, Inc. (NYSE:EQY), Glimcher Realty Trust (NYSE:GRT), Inland Real Estate Corp. (NYSE:IRC), Urstadt Biddle Properties Inc. (NYSE:UBA), Cedar Shopping Centers Inc (NYSE:CDR), Agree Realty Corporation (NYSE:ADC), The Macerich Company (NYSE:MAC), Ramco-Gershenson Properties Trust (NYSE:RPT), Realty Income Corp (NYSE:O), and Tanger Factory Outlet Centers Inc. (NYSE:SKT).