Retail Opportunity Investments Corp (ROIC, Financial) is set to release its Q3 2024 earnings on Oct 22, 2024. The consensus estimate for Q3 2024 revenue is $82.35 million, and the earnings are expected to come in at $0.07 per share. The full year 2024's revenue is expected to be $332.27 million and the earnings are expected to be $0.27 per share. More detailed estimate data can be found on the Forecast page.
Retail Opportunity Investments Corp (ROIC, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Retail Opportunity Investments Corp (ROIC) for the full year 2024 have increased from $330.46 million to $332.27 million. Meanwhile, the revenue estimate for 2025 has declined from $348.47 million to $340.33 million. Earnings estimates for the full year 2024 have remained flat at $0.27 per share, while for 2025, they have decreased from $0.32 per share to $0.29 per share.
Retail Opportunity Investments Corp (ROIC, Financial) Reported History
In the previous quarter of 2024-06-30, Retail Opportunity Investments Corp's (ROIC) actual revenue was $83.32 million, which beat analysts' revenue expectations of $81.07 million by 2.78%. Retail Opportunity Investments Corp's (ROIC) actual earnings were $0.06 per share, which met analysts' earnings expectations. After releasing the results, Retail Opportunity Investments Corp (ROIC) was down by -4.45% in one day.
Retail Opportunity Investments Corp (ROIC, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 8 analysts, the average target price for Retail Opportunity Investments Corp (ROIC) is $15.25 with a high estimate of $16 and a low estimate of $12. The average target implies a downside of -5.63% from the current price of $16.16.
Based on GuruFocus estimates, the estimated GF Value for Retail Opportunity Investments Corp (ROIC, Financial) in one year is $15.46, suggesting a downside of -4.33% from the current price of $16.16.
Based on the consensus recommendation from 9 brokerage firms, Retail Opportunity Investments Corp's (ROIC, Financial) average brokerage recommendation is currently 2.6, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
