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

Retail Opportunity Investments

19/07/2024 23:17

* Retail Opportunity Investments Corp  ROIC.OQ   ROIC.O  is
expected to show a fall in quarterly revenue when it reports 
results on July 23 for the period ending June 30 2024
    * The San Diego California-based  company is expected to
report a
1.2% decrease in revenue to $81.068 million from $82.04 million
a year ago, according to the mean estimate from 6 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," 6
"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 $13.50​, above​ its last closing
price of $13.48. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.27        0.27       0.28      Beat    4.1
 Dec. 31 2024  0.26        0.26       0.27      Beat    2.8
 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.        0.26        0.27       0.25      Missed  -6.1
 31 2023                                                
 Dec. 31 2022  0.27        0.27       0.27      Met     0.1​
 Sep. 30 2022  0.27        0.27       0.27      Met     -1.6
 Jun. 30 2022  0.27        0.26       0.28      Beat    6.3
 This summary was machine generated July 19 at 22:17 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)