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Tanger (SKT) Q1 FFO Meet Estimates
SKTTanger Outlets(SKT) ZACKS·2025-05-01 07:10

Tanger (SKT) came out with quarterly funds from operations (FFO) of 0.53pershare,inlinewiththeZacksConsensusEstimate.ThiscomparestoFFOof0.53 per share, in line with the Zacks Consensus Estimate. This compares to FFO of 0.52 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this factory outlet mall operator would post FFO of 0.52persharewhenitactuallyproducedFFOof0.52 per share when it actually produced FFO of 0.54, delivering a surprise of 3.85%.Over the last four quarters, the company has surpassed consensus FFO estimates three times.Tanger, which b ...