Simon Property Group (SPG) has beaten estimates for five straight quarters and will go for a sixth when it reports again on Tuesday, July 24, 2012.

Expectations

Analysts currently expect Simon Property Group to come in with earnings of $1.80 per share on revenues of $1.15 billion. Estimates range from $1.76 per share to $1.85 per share. Over the past three months, the average estimate has moved up from $1.78.

Stock Movement

In terms of price changes, the stock's best recent streak was when it gained $5.79 per share between June 4, 2012 and June 6, 2012.

Company Fundamental Trends

The company will look to keep the its run of success flowing with earnings announcement, after experiencing income increases the last three quarters. Net income rose 18.7% in the third quarter of the last fiscal year and 66.3% in the fourth quarter of the last fiscal year before increasing again in the first quarter. On the top line, the company is looking to build on four-straight revenue increases heading into this earnings announcement. Revenue rose 10.8% in the second quarter of the last fiscal year, 5.2% in the third quarter of the last fiscal year and 24.2% in the fourth quarter of the last fiscal year before increasing again in the first quarter. Stock Ratings

Analysts are bullish on the stock as 12 analysts rate it as a buy and only one analyst rate it as a sell. Analyst sentiment has been waning recently, as the average rating has dropped slightly over the past three months.

Last Quarter's Results

In the first quarter, profit rose more than threefold to $646.2 million ($2.18 a share) from $180.2 million (61 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 58.5% to $1.64 billion from $1.04 billion.

Summary

Reporting Period: 2Q

Date of Release: Tuesday, July 24, 2012 before market open

EPS: $1.80

Revenue Estimate: $1.15 billion

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)