Tanger Inc expected to post earnings of 23 cents a share - Earnings Preview

Tanger

01/08/2025 21:18

Tanger Inc SKT.N, SKT is expected to  show a rise in quarterly revenue when it reports  results on August 4 for the period ending June 30 2025

The Greensboro North Carolina-based  company is expected to report a 2.2% increase in revenue to $131.837 million from $128.96 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 23 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 5 "hold" and no "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 Inc is $34.00, about 11.7% above its last closing price of $30.02

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

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Mar. 31 2025
0.54
0.53
0.53
Met
-0.6
Dec. 31 2025
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

This summary was machine generated August 1 at 20:18 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)