Retail Opportunity Investments Corp. Reports 2019 First Quarter Results

Go back to Retail Opportunity Investments Corp. Reports 2019 First Quarter Results

Retail Opportunity Investments (ROIC) Tops Q1 EPS by 5c, Revenues Beat; Offers FY19 EPS Guidance

April 24, 2019 4:43 PM EDT

Retail Opportunity Investments (NASDAQ: ROIC) reported Q1 EPS of $0.12, $0.05 better than the analyst estimate of $0.07. Revenue for the quarter came in at $76.05 million versus the consensus estimate of $75.17 million.

$13.3 million of net income attributable to common stockholders ($0.12 per diluted share)$36.7 million of Funds From Operations (FFO)(1) ($0.29 per diluted share)97.8% portfolio lease rate at March 31, 2019 (19th consecutive quarter at or above 97%)30.7% increase in... More