What Can We Expect From Retail Opportunity’s ($ROIC) Q3 2024 Earnings?

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Get ready to discover the eagerly anticipated third quarter financial results of Retail Opportunity (NASDAQ: ROIC) on Tuesday 22nd October 2024. This significant announcement is scheduled to take place after market close, giving investors and analysts a chance to gain valuable insights into the company's financial performance.

the company is projected to announce an estimated per share $0.06 profit for the quarter, as predicted by financial analysts on Wall Street. Moreover, the company is expected to disclose a total revenue of $82.35 million for this period.

The company's earnings report from the corresponding quarter of the previous year demonstrated a per-share income of $0.27. Additionally, the company achieved a total revenue of $81.75 million during that specific period.

The company's full-year performance has been analyzed by wall street analysts, who have shared their projections. According to the analysis, it is expected that the company will generate a total revenue of $332.27 million. Additionally, the earnings per share for the company are also anticipated to reach profit of $0.26 over the course of the fiscal year.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $0.25 -7.4% 83.32 M +1.6%
Q1 2024 $0.28 +12.0% 85.33 M +7.6%
Q4 2023 $0.27 0% 84.65 M +5.6%
Q3 2023 $0.27 0% 81.75 M +4.8%
Q2 2023 $0.27 -3.6% 82.04 M +4.9%
*Growth on year-over-year basis

 

ROIC has scheduled a conference call on 23rd October 2024 at 09:00 AM eastern time to discuss the third quarter financial results and other related information.

Retail Opportunity (ROIC) closed Friday's regular trading session at $16.16, demonstrating a 0.56 percent rise. The stock fluctuated between $16.03 and $16.27 during the day, with a volume of 556.00 thousand shares.