Shares of Simon Property Group, Inc. (SPG) are climbing more than 3% Monday morning, ahead of its second-quarter earnings, which is scheduled today, after market closes.
On average, 5 analysts polled by Thomson Reuters expect the company to report earnings of $0.98 per share on revenue of $1.14 billion in the secon quarter.
The mall-owner is reportedly in talks with Amazon to convert its empty retail spaces in mall as Amazon's fullfillment centres.
SPG is currently at $64.51. It has traded in the range of $42.25- $163.60 in the last one year.
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