Tanger Factory Outlet Q3 2023 EPS $0.50 Up From $0.47 YoY, Sales $117.35M Beat $111.09M Estimate
Portfolio Pulse from vinayak@benzinga.com
Tanger Factory Outlet (NYSE:SKT) reported Q3 2023 earnings of $0.50 per share, a 6.38% increase YoY. The company's quarterly sales were $117.35 million, beating the analyst consensus estimate of $111.09 million by 5.63% and marking a 5.29% increase over the same period last year.
November 06, 2023 | 10:45 pm
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POSITIVE IMPACT
Tanger Factory Outlet's Q3 2023 earnings and sales beat estimates, indicating a positive financial performance.
Tanger Factory Outlet reported higher than expected earnings and sales for Q3 2023. This indicates a strong financial performance, which is likely to positively impact the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100