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

Tanger

02/11/2022 22:05

* Tanger Factory Outlet Centers Inc  SKT.N  reported
quarterly
adjusted earnings of 22 cents​​ per share for the quarter ended
in September. The mean expectation of four analysts for the
quarter was for earnings of 17 cents per share.
    * Revenue fell 0.9% to $111.45 million from a year ago;
analysts
expected $107.56 million. 
    * Tanger Factory Outlet Centers Inc's reported EPS for the
quarter
was 22 cents​.
    * The mean earnings estimate of analysts had fallen 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 risen
by 35.5% this
quarter and lost 3.9% so far this year.
    * The company reported quarterly net income of $23.04
million.
    * Wall Street's median 12-month price target for Tanger
Factory
Outlet Centers Inc is $15.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and 3 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
2 at 10:05 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.44           0.47           Beat
 Jun. 30 2022      0.42           0.45           Beat
 Mar. 31 2022      0.40           0.45           Beat
 Dec. 31 2021      0.42           0.45           Beat