Retail Opportunity Investments Corp expected to post earnings of 6 cents a share - Earnings Preview

Retail Opportunity Investments

13/02/2024 24:39

* Retail Opportunity Investments Corp  ROIC.OQ   ROIC.O  is
expected to show a fall in quarterly revenue when it reports 
results on February 14 for the period ending December 31 2023
    * The San Diego California-based  company is expected to
report a
3.2% decrease in revenue to $77.613 million from $80.19 million
a year ago, according to the mean estimate from 7 analysts,
based on LSEG data. (SAL is on Rental/Property Revenue)
    * ​LSEG's mean analyst estimate for Retail Opportunity
Investments
Corp is for earnings of 6 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 no "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 $16.00​, above​ its last closing
price of $13.43. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.26        0.27       0.27      Met     0.9
 Jun. 30 2023  0.26        0.26       0.27      Beat    2.4
 Mar. 31 2023  0.26        0.27       0.25      Missed  -6.1​
 Dec. 31 2022  0.27        0.27       0.27      Met     0.1
 ​​Sep.        0.27        0.27       0.27      Met     -1.6
 30 2022                                                
 Jun. 30 2022  0.27        0.26       0.28      Beat    6.3​
 Mar. 31 2022  0.26        0.26       0.28      Beat    8.2
 Dec. 31 2021  0.26        0.26       0.25      Missed  -2.4
 This summary was machine generated February 13 at 00:39 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)