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

Retail Opportunity Investments

26/04/2022 05:49

* Retail Opportunity Investments Corp  ROIC.OQ  reported
quarterly
adjusted earnings of 9 cents​​ per share for the quarter ended
in March. The mean expectation of four analysts for the quarter
was for earnings of 7 cents per share.
    * Revenue rose 10.5% to $76.47 million from a year ago; 
analysts
expected $73.32 million. 
    * Retail Opportunity Investments Corp's reported EPS for the
quarter was 9 cents​.
    * The mean earnings estimate of analysts had fallen by
about 12.5%
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 risen
by 0.8%
this quarter and lost 0.3% so far this year.
    * The company reported quarterly net income of $11.64
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 April 26 at 04:49 a.m.  ​All
figures in US dollars unless otherwise stated