Retail Opportunity Investments Corp. (NASDAQ:ROIC) is expected to report third quarter earnings results, after market close, on Monday 26th October 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.04 per share.
Looking ahead, the full year income are expected at $ 0.23 per share on the revenues of $ 272.57 million.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 1.09 ~ $ 1.13 per share
Click Here For More Historical Outlooks Of Retail Opportunity Investments Corp.
Previous Quarter Performance
Retail Opportunity Investments Corp. revealed income for the second quarter of $ 0.23 per share, from the revenue of $ 66.55 million. Street analysts expected $ 68.34 million. The top line results fell short of analysts by $ 1.79 million or 2.62 percent.
Stock Performance
On Friday, shares of Retail Opportunity Investments Corp. has traded high as $ 11.08 and has cracked $ 10.79 on the downward trend, reaching $ 11.04 with volume of 910.50 thousand shares.
According to the previous trading day, closing price of $ 11.04, representing a 83.90 % increase from the 52 week low of $ 5.84 and a 43.2 % decrease over the 52 week high of $ 18.91.
The company has a market capital of $ 1.30 billion and is part of the Real Estate sector and REIT – Retail industry.
Recent Analyst recommendations
- On 28th August 2020, upgraded by JPMorgan Chase & Co. to Neutral from Underweight rating.
Retail Opportunity Investments Corp. (NASDAQ: ROIC), is a fully-integrated, self-managed real estate investment trust (REIT) that specializes in the acquisition, ownership and management of grocery-anchored shopping centers located in densely-populated, metropolitan markets across the West Coast. As of March 31, 2019, ROIC owned 90 shopping centers encompassing approximately 10.3 million square feet.
