Earnings Preview For Tanger Factory Outlet

Tanger Factory Outlet SKT is set to give its latest quarterly earnings report on Tuesday, 2023-02-21. Here's what investors need to know before the announcement.

Analysts estimate that Tanger Factory Outlet will report an earnings per share (EPS) of $0.18.

Tanger Factory Outlet bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Here's a look at Tanger Factory Outlet's past performance and the resulting price change:

Stock Performance

Shares of Tanger Factory Outlet were trading at $18.52 as of February 16. Over the last 52-week period, shares are up 10.89%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Tanger Factory Outlet visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.