• Tanger Inc SKT.N reported quarterly adjusted earnings of 28 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 23 cents. The mean expectation of five analysts for the quarter was for earnings of 33 cents per share. Wall Street expected results to range from 23 cents to 58 cents per share.

• Revenue rose 9.2% to $145.21 million from a year ago; analysts expected $137.24 million.

• Tanger Inc's reported EPS for the quarter was 28 cents​.

• The company reported quarterly net income of $31.8 million.

• Tanger Inc shares had risen by 6.7% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 1.4% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 7 "hold" and no "sell" or "strong sell." The average consensus recommendation for the commercial reits peer group is also "buy"

• Wall Street's median 12-month price target for Tanger Inc is $36.00, about 1.2% above its last closing price of $35.56

This summary was machine generated from LSEG data February 24 at 10:50 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)