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

Retail Opportunity Investments

21/07/2023 23:39

* Retail Opportunity Investments Corp  ROIC.OQ   ROIC.O  is
expected to show a rise in quarterly revenue when it reports 
results on July 25. 
    * The San Diego California-based  company is expected to
report  a
2.3% increase in revenue to $80.003 million from $78.23 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Retail Opportunity
Investments Corp is for earnings of 7 cents per share. 
    * The current average analyst rating on the shares is "buy"
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 $14​, below​ its last closing
price of $14.47. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.26        0.27       0.25      Missed  -6.1
 Dec. 31 2023  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
 ​​Mar.        0.26        0.26       0.28      Beat    8.2
 31 2022                                                
 Dec. 31 2021  0.26        0.26       0.25      Missed  -2.4​
 Sep. 30 2021  0.25        0.25       0.25      Met     -0.2
 Jun. 30 2021  0.25        0.25       0.25      Met     0.3
 This summary was machine generated July 21 at 22:39 GMT.  All
figures in US dollars  unless otherwise stated