secwatch.observer — SEC 8-K summary
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Issuer:     KIMCO REALTY CORP (KIM)
CIK:        0000879101
Form:       8-K
Filed at:   2021-07-29T23:59:59+00:00
Accession:  0001157523-21-000946
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kimco Q2 FFO $0.34, raises 2021 guidance, occupancy up 40 bps
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- Net income $110.3M ($0.25/diluted) vs $741.5M ($1.71) in Q2 2020, which included one-time ACI gains.
- NAREIT FFO $0.34/diluted share vs $0.24 year ago; raised 2021 FFO guidance to $1.29-$1.33.
- Pro-rata occupancy 93.9% (+40 bps QoQ); anchor occupancy 96.9% (+70 bps).
- Same-property NOI +16.7% YoY; 333 leases totaling 1.8M sq ft signed.
- Merger with Weingarten Realty expected to close Aug 3, 2021; liquidity over $2.2B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/879101/000115752321000946/0001157523-21-000946-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/879101/000115752321000946/a52468050.htm
  HTML page:      https://secwatch.observer/filing/0001157523-21-000946

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer