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Simon Property earnings blows past estimates Apr 27, 2012   (Reuters) - Simon Property Group Inc , the largest owner of U.S. malls and outlet centers, raised its full-year earnings forecast on Friday after breezing past Wall Street's expectations, sending its stock to a record high. "It was a blowout quarter," said Richard Imperiale, president of Uniplan Investment Counsel Inc. "It's no one or two things that really drove it. It was just solid improvement across most of the numbers." Simon shares peaked at $155.92, before closing up 2 percent at $155.33 on the New York Stock Exchange. During the first quarter, sales at its U.S. ...     print     email to friend

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