Retail Opportunity Investments (ROIC) Reports In-Line Q2 EPS, updates outlook

Retail Opportunity Investments (NASDAQ: ROIC) reported Q2 EPS of $0.06, in-line with the analyst estimate of $0.06. Revenue for the quarter came in at $83.32 million versus the consensus estimate of $81.19 million.

Outlook:
ROIC currently estimates that GAAP net income for 2024 will be within the range of $0.25 to $0.28 per diluted share, versus the consenus of $0.28 and FFO will be within the range of $1.04 to $1.07 per diluted share.

For earnings history and earnings-related data on Retail Opportunity Investments (ROIC) click here.

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