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

Retail Opportunity Investments

22/04/2023 01:16

* 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
3.9% increase in revenue to $79.49 million from $76.47 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. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.0%
in the last three months. ​
    * Wall Street's median 12-month price target for Retail
Opportunity Investments Corp is $16​, above​ its last closing
price of $13.15. ​​​

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 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​
 Mar. 31 2022  0.26        0.26       0.28      Beat    8.2
 ​​Dec.        0.26        0.26       0.25      Missed  -2.4
 31 2021                                                
 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. 31 2021  0.24        0.24       0.24      Met     -0.1
 This summary was machine generated April 22 at 00:16 GMT.  All
figures in US dollars  unless otherwise stated