The third-quarter earnings season has begun, with investor interest growing in companies reporting profits. Look for stocks with potential upside surprises to boost confidence and drive shares higher. Simon Property Group, Realty Income Corporation, and The Macerich Company are expected to release earnings, showing resilience in challenging markets.

REITs play a crucial role in both physical and digital economies, offering steady performance and long-term growth potential even amid market uncertainty. U.S. retail-property market saw stabilization in Q3 2025, with a 4.9% availability rate, positive net absorption, and rising asking rents. Developers focus on necessity-based retail projects with limited speculative starts.

Simon Property Group is expected to benefit from high-quality assets and omnichannel integration, driving gains and growth opportunities. The company is set to report Q3 2025 results on Nov. 3, with consensus estimates of $1.53 billion in revenues and $3.09 in funds from operations (FFO) per share, marking year-over-year growth.

Realty Income Corporation, with a diverse portfolio and stable tenant base, is anticipated to deliver steady results in Q3. The company will announce earnings on Nov. 3, with estimates of $1.42 billion in revenues and $1.07 in adjusted funds from operations (AFFO) per share, indicating year-over-year growth.

Macerich Company is likely to benefit from its premium shopping centers in the U.S. and focus on omnichannel retailing. The company is set to release quarterly figures on Nov. 4, with estimates of $257.01 million in total revenues and 36 cents in funds from operations (FFO) per share, showing a year-over-year increase.

Read more at Nasdaq: 3 Retail REITs to Watch for Potential Upside This Earnings Season