Tanger Factory Outlet Q2 FFO $0.47 Up From $0.45 YoY, Sales $110.64M Beat $105.55M Estimate
Portfolio Pulse from saritha@benzinga.com
Tanger Factory Outlet (NYSE:SKT) reported Q2 earnings of $0.47 per share, a 4.44% increase YoY. The company also reported quarterly sales of $110.64 million, beating the analyst consensus estimate of $105.55 million by 4.82%.
August 04, 2023 | 2:35 pm
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Tanger Factory Outlet reported a YoY increase in Q2 earnings and sales, beating analyst estimates.
Tanger Factory Outlet's Q2 earnings and sales have increased YoY and surpassed analyst estimates, which is likely to positively impact the company's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100