Retail Opportunity Investments Corp expected to post earnings of 24  cents a share - Earnings Preview

Retail Opportunity Investments

24/04/2021 24:14

* Retail Opportunity Investments Corp  ROIC.OQ   ROIC.O  is
expected to show a fall in quarterly revenue when it reports
results on April 27.
* The San Diego, California-based company is expected to report
 a 9.1% decrease in revenue to $68.075 million from $74.87
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data.​​
​* Refinitiv's mean analyst estimate for Retail Opportunity
Investments Corp is for earnings of 5 cents per share. For the
same quarter last year, the company reported earnings of 10
cents per share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 3 "strong buy" or "buy," 7
"hold" and 1 "sell" or "strong sell." 
* The mean earnings estimate of analysts had fallen by
about 0.0% in the last three months.​
* Wall Street's median 12-month price target for Retail
Opportunity Investments Corp is $18​, about 2.3% above​ its last
closing price of $17.58. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020  0.25        0.25       0.27      Beat    7.2
 Sep. 30 2020  0.23        0.23       0.25      Beat    9.8
 Jun. 30 2020  0.22        0.23       0.23      Met     2.2​
 Mar. 31 2020  0.28        0.28       0.29      Beat    4.4
 Dec.          0.28​       0.28       0.28      Met     -1.7​
 31​ 2019​                                              
 Sep. 30 2019  0.28        0.28       0.27      Missed  -3.8​
 Jun. 30 2019  0.27        0.27       0.26      Missed  -5.1
 Mar. 31 2019  0.29        0.29       0.29      Met     0
 This summary was machine generated April 23 at 23:14 GMT.  All
figures in US dollars unless otherwise stated