Simon Properties Earnings Preview (SPG)

Simon Properties Group (NYSE: SPG) will be reporting its quarterly numbers tomorrow morning before the opening bell. The Wall Street consensus is that SPG will report EPS of $1.52 per share on revenue of $963 million. In today's trading, the stock fell 2.50% to close at $70.98.

I would not make any inferences based on today's action in SPG, as selling pressure overwhelmed buyers in all sectors today. Simon Properties has moved 5% higher in the last three months, but is well off of its 52 week high of $83.82.