Tanger Factory Outlet Centers Inc expected to post earnings of 18cents a share - Earnings Preview

Tanger

18/02/2023 24:31

* Tanger Factory Outlet Centers Inc  SKT.N   SKT  is
expected
to show a fall in quarterly revenue when it reports  results on
February 21. 
    * The Greensboro North Carolina-based  company is expected
to
report  a 2.7% decrease in revenue to $109.015 million from
$112.09 million a year ago, according to the mean estimate from
2 analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Tanger Factory
Outlet
Centers Inc is for earnings of 18 cents per share. 
    * The current average analyst rating on the shares is "sell"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"hold" and 4 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Tanger
Factory
Outlet Centers Inc is $18.5​, above​ its last closing price
of $18.43. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.44        0.44       0.47      Beat    7.9
 Jun. 30 2022  0.42        0.42       0.45      Beat    6.7
 Mar. 31 2022  0.40        0.40       0.45      Beat    12.3​
 Dec. 31 2021  0.42        0.42       0.45      Beat    7.8
 ​​Sep.        0.06        0.06       0.16      Beat    187.2
 30 2021                                                
 Jun. 30 2021  0.27        0.28       0.30      Beat    9.1​
 Mar. 31 2021  0.36        0.36       0.38      Beat    5.2
 Dec. 31 2020  0.40        0.38       0.54      Beat    41.4
 This summary was machine generated February 18 at 00:31 GMT. 
All figures in US dollars  unless otherwise stated