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ROIC — Retail Opportunity Investments News Story

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Retail Opportunity Investments Corp reports results for the quarter ended in December - Earnings Summary

* Retail Opportunity Investments Corp  ROIC.OQ  reported
quarterly
adjusted earnings of 7 cents​​ per share for the quarter ended
in December. The mean expectation of four analysts for the
quarter was for earnings of 7 cents per share.
    * Revenue fell 0.2% to $72.80 million from a year ago; 
analysts
expected $71.96 million. 
    * Retail Opportunity Investments Corp's reported EPS for the
quarter was 7 cents​.
    * The mean earnings estimate of analysts had risen by
about 0.5%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Retail Opportunity Investments Corp shares had fallen
by 4.8%
this quarter.
    * The company reported quarterly net income of $8.51
million.
    * Wall Street's median 12-month price target for Retail
Opportunity Investments Corp is $20.25 
    * 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." 

This summary was machine generated February 17 at 05:26 a.m.
 ​All figures in US dollars unless otherwise stated

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