Retail Opportunity Investments Corp expected to post earnings of 7  cents a share - Earnings Preview

Retail Opportunity Investments

23/04/2022 02:18

* Retail Opportunity Investments Corp  ROIC.OQ   ROIC.O  is
expected to show a rise in quarterly revenue when it reports 
results on April 25. 
    * The San Diego California-based  company is expected to
report  a
6.0% increase in revenue to $73.315 million from $69.19 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 7 cents per share. For the
same quarter last year, the company reported earnings of 11
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 $20.25​, above​ its last closing
price of $19.54. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.09        0.07       0.07      Met     -3.4
 Sep. 30 2021  0.06        0.06       0.17      Beat    183.3
 Jun. 30 2021  0.06        0.06       0.14      Beat    133.3​
 Mar. 31 2021  0.05        0.05       0.11      Beat    131.6
 ​​Dec.        0.07        0.06       0.08      Beat    28
 31 2020                                                
 Sep. 30 2020  0.04        0.04       0.06      Beat    60​
 Jun. 30 2020  0.05        0.03       0.04      Beat    60
 Mar. 31 2020  0.09        0.09       0.10      Beat    11.1
 This summary was machine generated April 23 at 01:17 GMT.  All
figures in US dollars  unless otherwise stated