Retail Opportunity Investments Corp. ReportsĀ 2019 Third Quarter Results

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Retail Opportunity Investments (ROIC) Tops Q3 EPS by 8c

October 28, 2019 4:31 PM EDT

Retail Opportunity Investments (NASDAQ: ROIC) reported Q3 EPS of $0.16, $0.08 better than the analyst estimate of $0.08. Revenue for the quarter came in at $72.44 million versus the consensus estimate of $72.8 million.

HIGHLIGHTS

$17.9 million of net income attributable to common stockholders ($0.16 per diluted share) $33.4 million of Funds From Operations (FFO)(1) ($0.27 per diluted share) 97.7% portfolio lease rate at September 30, 2019 (21st consecutive quarter at or... More