Kimco Realty Corporation reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 447.9 million compared to USD 435.88 million a year ago. Revenue was USD 451.6 million compared to USD 439.83 million a year ago. Net income was USD 139.65 million compared to net loss of USD 49.78 million a year ago. Basic earnings per share from continuing operations was USD 0.22 compared to basic loss per share from continuing operations of USD 0.09 a year ago. Diluted earnings per share from continuing operations was USD 0.22 compared to diluted loss per share from continuing operations of USD 0.09 a year ago.
For the full year, sales was USD 1,767.06 million compared to USD 1,710.85 million a year ago. Revenue was USD 1,783.4 million compared to USD 1,727.68 million a year ago. Net income was USD 654.27 million compared to USD 125.98 million a year ago. Basic earnings per share from continuing operations was USD 1.02 compared to USD 0.16 a year ago. Diluted earnings per share from continuing operations was USD 1.02 compared to USD 0.16 a year ago.