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

Retail Opportunity Investments

27/10/2021 10:48

* Retail Opportunity Investments Corp  ROIC.OQ  reported
quarterly adjusted earnings of 17 cents​​ per share for the
quarter ended in September. The mean expectation of
four analysts for the quarter was for earnings of 6 cents per
share.
* Revenue rose 2.3% to $71.39 million from a year ago;  analysts
expected $70.38 million. 
* Retail Opportunity Investments Corp's reported EPS for the
quarter was 17 cents​.
* The mean earnings estimate of analysts had fallen 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 risen by 4.5%
this quarter and gained 36.0% so far this year.
* The company reported quarterly net income of $21.1 million.
* Wall Street's median 12-month price target for Retail
Opportunity Investments Corp is $20.00 
* 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 October 27 at 09:48 a.m.
 ​All figures in US dollars unless otherwise stated