“The original $0.25 to $0.30 headwind that we expected between higher interest expense and lower interest income is still there. It probably is gravitating closer to the $0.25 versus the $0.30 today where rates are, but there's definitely still a headwind ahead of us for the balance of the year.”

How to check this claim

Look at: Full-year net headwind to EPS from higher interest expense and lower interest income, as quantified in management commentary

It came true if: Disclosed or implied full-year headwind between $0.20 and $0.30 per share

Where: Management commentary on subsequent earnings calls (Q2/Q3/Q4 2026) and full-year guidance reconciliation

Verify independently

SEC filings for SPG ↗ · Claim quote is verbatim from the 2026Q1 earnings call.