Retail Opportunity Investments Corp expected to post earnings of 25 cents a share - Earnings Preview

Retail Opportunity Investments

26/07/2021 22:49

* Retail Opportunity Investments Corp  ROIC.OQ   ROIC.O  is
expected to show a rise in quarterly revenue when it reports
results on July 28. 
* The San Diego, California-based company is expected to report 
 a 3.4% increase in revenue to $68.842 million from $66.55
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Retail Opportunity
Investments Corp is for earnings of 6 cents per share. For the
same quarter last year, the company reported earnings of 4 cents
per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 5 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Retail
Opportunity Investments Corp is $19​, about 7.8% above​ its last
closing price of $17.52. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.24        0.24       0.24      Met     -0.1
 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.          0.28​       0.28       0.29      Beat    4.4​
 31​ 2020​                                              
 Dec. 31 2019  0.28        0.28       0.28      Met     -1.7​
 Sep. 30 2019  0.28        0.28       0.27      Missed  -3.8
 Jun. 30 2019  0.27        0.27       0.26      Missed  -5.1
 This summary was machine generated July 26 at 21:49 GMT.  All
figures in US dollars unless otherwise stated