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SKT

Tanger Factory Outlet Centers, Inc.

$17.36

Earnings Summary

Revenue
$108.87Mn
Net Profits
$20.52Mn
Net Profit Margins
18.85%
PE Ratio
44.93

Highlights

Revenue:

Tanger Factory Outlet Centers, Inc.’s revenue jumped 8.12% since last year same period to $108.87Mn in the Q1 2022. On a quarterly growth basis, Tanger Factory Outlet Centers, Inc. has generated -2.88% fall in its revenue since last 3-months.

Net Profits:

Tanger Factory Outlet Centers, Inc.’s net profit jumped 396.44% since last year same period to $20.52Mn in the Q1 2022. On a quarterly growth basis, Tanger Factory Outlet Centers, Inc. has generated 56.79% jump in its net profits since last 3-months.

Net Profit Margins:

Tanger Factory Outlet Centers, Inc.’s net profit margin jumped 359.17% since last year same period to 18.85% in the Q1 2022. On a quarterly growth basis, Tanger Factory Outlet Centers, Inc. has generated 61.44% jump in its net profit margins since last 3-months.

PE Ratio:

Tanger Factory Outlet Centers, Inc.’s price-to-earnings ratio after this Q1 2022 earnings stands at 44.93.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Tanger Factory Outlet Centers, Inc. post its latest quarter earnings

EPS Estimate Current Quarter
0.15
EPS Estimate Current Year
0.15

Highlights

EPS Estimate Current Quarter:

Tanger Factory Outlet Centers, Inc.’s earning per share (EPS) estimates for the current quarter stand at 0.15 - a 15.38% jump from last quarter’s estimates.

EPS Estimate Current Year:

Tanger Factory Outlet Centers, Inc.’s earning per share (EPS) estimates for the current year stand at 0.15.

Key Ratios

Key ratios of the Tanger Factory Outlet Centers, Inc. post its Q1 2022 earnings

Earning Per Share (EPS)
0.19
Return on Assets (ROA)
0.04
Return on Equity (ROE)
0.09
Dividend Per Share (DPS)
0.77

Highlights

Earning Per Share (EPS):

Tanger Factory Outlet Centers, Inc.’s earning per share (EPS) jumped 375% since last year same period to 0.19 in the Q1 2022. This indicates that the Tanger Factory Outlet Centers, Inc. has generated 375% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Tanger Factory Outlet Centers, Inc.’s return on assets (ROA) stands at 0.04.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Tanger Factory Outlet Centers, Inc.’s return on equity (ROE) stands at 0.09.

Dividend Per Share (DPS):

Tanger Factory Outlet Centers, Inc. declared 0.77 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-09
0.13
0.19
46.15%

Company Information

Tanger Factory Outlet Centers, Inc. is a leading operator of upscale open-air outlet centers that owns, or has an ownership interest in, a portfolio of 36 centers. Tanger's operating properties are located in 20 states and in Canada, totaling approximately 13.6 million square feet, leased to over 2,500 stores operated by more than 500 different brand name companies. The Company has more than 40 years of experience in the outlet industry and is a publicly-traded REIT.

Organisation
Tanger Factory Outlet Centers, Inc.
Headquarters
Greensboro, North Carolina, US
Employees
2.02K
Industry
Finance
CEO
Stephen Yalof