Tanger Factory Outlet Centers (SKT) Tops Q3 FFO by 3c

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Go back to Tanger Factory Outlet Centers (SKT) Tops Q3 FFO by 3c

Tanger Reports Third Quarter Results

November 1, 2018 4:15 PM EDT

GREENSBORO, N.C., Nov. 1, 2018 /PRNewswire/ -- Tanger Factory Outlet Centers, Inc. (NYSE: SKT) today reported financial and operating results for the three and nine months ended September 30, 2018.

Third Quarter Financial Results

Net loss available to common shareholders was $0.24 per share, or $22.2 million, compared to a net loss available to common shareholders of $0.17 per share, or $15.5 million, for the prior year period. The current year period was impacted by a non-cash impairment charge totaling $49.7 million, or approximately $0.51 per share, related to the Company's... More