Retail Opportunity Investments Corp expected to post earnings of 8  cents a share - Earnings Preview

Retail Opportunity Investments

22/07/2022 23:13

* Retail Opportunity Investments Corp  ROIC.OQ   ROIC.O  is
expected to show a rise in quarterly revenue when it reports 
results on July 26. 
    * The San Diego California-based  company is expected to
report  a
5.5% increase in revenue to $74.608 million from $70.73 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 8 cents per share. For the
same quarter last year, the company reported earnings of 14
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 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 $20​, above​ its last closing
price of $16.45. ​​​
    * 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 2022  0.26        0.26       0.28      Beat    8.2
 Dec. 31 2022  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
 ​​Mar.        0.24        0.24       0.24      Met     -0.1
 31 2021                                                
 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
 This summary was machine generated July 22 at 22:13 GMT.  All
figures in US dollars  unless otherwise stated