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

Retail Opportunity Investments

27/04/2021 23:53

* Retail Opportunity Investments Corp  ROIC.OQ  reported
quarterly adjusted earnings of 11 cents​​ per share for the
quarter ended in March. The mean expectation of four analysts
for the quarter was for earnings of 5 cents per share.
* Revenue fell 7.6% to $69.19 million from a year ago​; 
analysts expected $68.25 million.
* Retail Opportunity Investments Corp's reported EPS for the
quarter was 11 cents​.
* The mean earnings estimate of analysts had fallen by
about 4.4% 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 risen by 11.5%
this quarter and gained 32.1% so far this year.
* The company reported quarterly net income of $7.42 million.
* Wall Street's median 12-month price target for Retail
Opportunity Investments Corp is $18.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 4 "strong buy" or "buy," 7
"hold" and 1 "sell" or "strong sell." 
This summary was machine generated April 27 at 10:53 p.m. GMT.
​All figures in US Dollars.​