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

Tanger

21/02/2023 22:02

* Tanger Factory Outlet Centers Inc  SKT.N  reported
quarterly
adjusted earnings of 17 cents​​ per share for the quarter ended
in December. The mean expectation of three analysts for the
quarter was for earnings of 18 cents per share.
    * Revenue rose 3.9% to $116.46 million from a year ago;
analysts
expected $109.01 million. 
    * Tanger Factory Outlet Centers Inc's reported EPS for the
quarter
was 17 cents​.
    * The mean earnings estimate of analysts had risen by
about 0.3%
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 risen by 2.7%
this
quarter.
    * The company reported quarterly net income of $18.14
million.
    * Wall Street's median 12-month price target for Tanger
Factory
Outlet Centers Inc is $18.50 
    * 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." 

This summary was machine generated from Refinitiv data February
21 at 10:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.45           0.47           Beat
 Sep. 30 2022      0.44           0.47           Beat
 Jun. 30 2022      0.42           0.45           Beat
 Mar. 31 2022      0.40           0.45           Beat