Retail Opportunity Investments Corp. Reports 2019 Second Quarter Results

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Retail Opportunity Investments (ROIC) Misses Q2 EPS by 1c; Offers Q3 EPS Outlook

July 24, 2019 4:40 PM EDT

Retail Opportunity Investments (NASDAQ: ROIC) reported Q2 EPS of $0.07, $0.01 worse than the analyst estimate of $0.08. Revenue for the quarter came in at $72.93 million versus the consensus estimate of $73.22 million.

$7.6 million of net income attributable to common stockholders ($0.07 per diluted share)$32.6 million of Funds From Operations (FFO)(1) ($0.26 per diluted share)97.9% portfolio lease rate at June 30, 2019 (20th consecutive... More