Tanger (SKT) Q3 FFO and Revenues Surpass Estimates
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Tanger (SKT) reported Q3 funds from operations (FFO) of $0.54 per share, surpassing the Zacks Consensus Estimate of $0.53 per share. This marks an improvement from the $0.50 per share reported a year ago.
November 07, 2024 | 12:15 am
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POSITIVE IMPACT
Tanger's Q3 FFO of $0.54 per share exceeded expectations, indicating strong financial performance and potential positive impact on stock prices.
Tanger's FFO beat the consensus estimate, which is a positive indicator of the company's financial health and operational efficiency. This outperformance is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100