Tanger Inc reports results for the quarter ended June 30 - Earnings Summary

Tanger

04/08/2026 23:30

Tanger Inc SKT.N reported quarterly adjusted earnings of 29 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 26 cents.  The mean expectation of five analysts for the quarter was for earnings of 26 cents per share. Wall Street expected results to range from 24 cents to 27 cents per share.
Revenue rose 11.2% to $156.39 million from a year ago; analysts expected $143.28 million. 
Tanger Inc's reported EPS for the quarter was 29 cents​.
The company reported quarterly net income of $32.98 million.
Tanger Inc shares had risen by 3.2% this quarter and gained 22.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 0.1% in the last three months.​ 
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 9 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the commercial reits peer group is  "buy."
Wall Street's median 12-month price target for Tanger Inc is $40.50, about 0.5% below its last closing price of $40.72
This summary was machine generated from LSEG data August 4 at 10:30 p.m. UTC. ​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)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
0.61
0.64
Beat
Mar. 31 2026 
0.58
0.59
Beat
Dec. 31 2025 
0.60
0.63
Beat
Sep. 30 2025 
0.59
0.60
Beat