Tanger Inc expected to post earnings of 21 cents a share - Earnings Preview

Tanger

28/04/2025 22:43

Tanger Inc SKT.N, SKT is expected to show a rise in quarterly revenue when it reports  results on April 30 for the period ending March 31 2025

The Greensboro North Carolina-based  company is expected to report a 3.5% increase in revenue to $127.696 million from $123.37 million a year ago, according to the mean estimate from 6 analysts, based on LSEG data.

​LSEG's mean analyst estimate for Tanger Inc is for earnings of 21 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts had fallen by about 0.0% in the last three months. ​

Wall Street's median 12-month price target for Tanger Inc is $39.50​, above​ its last closing price of $32.29. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
0.52
0.52
0.54
Beat
3.6
Sep. 30 2024
0.53
0.53
0.54
Beat
2.4
Jun. 30 2024
0.52
0.52
0.53
Beat
2.6​
Mar. 31 2024
0.51
0.51
0.52
Beat
1.4
​​Dec. 31 2023
0.50
0.50
0.52
Beat
4.9
Sep. 30 2023
0.48
0.48
0.50
Beat
4.6​
Jun. 30 2023
0.45
0.45
0.47
Beat
5.1
Mar. 31 2023
0.44
0.44
0.46
Beat
4.8

This summary was machine generated April 28 at 21:43 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)