Tanger Factory Outlet Centers Inc reports results for the quarter ended in December - Earnings Summary

Tanger

18/02/2022 05:22

* Tanger Factory Outlet Centers Inc  SKT.N  reported
quarterly
adjusted earnings of 12 cents​​ per share for the quarter ended
in December. The mean expectation of five analysts for the
quarter was for earnings of 15 cents per share.
    * Revenue rose 0.8% to $112.09 million from a year ago; 
analysts
expected $106.68 million. 
    * Tanger Factory Outlet Centers Inc's reported EPS for the
quarter
was 12 cents​.
    * The mean earnings estimate of analysts had risen by
about 1.4%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Tanger Factory Outlet Centers Inc shares had fallen
by 11.4%
this quarter.
    * The company reported quarterly net income of $12.98
million.
    * Wall Street's median 12-month price target for Tanger
Factory
Outlet Centers Inc is $20.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and 5 "sell" or "strong sell." 

This summary was machine generated February 18 at 05:22 a.m.
 ​All figures in US dollars unless otherwise stated