Tanger Reports First Quarter Results

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Tanger Factory Outlet Centers (SKT) Misses Q1 EPS by 3c, Revenues Beat

May 5, 2021 4:59 PM EDT

Tanger Factory Outlet Centers (NYSE: SKT) reported Q1 EPS of $0.04, $0.03 worse than the analyst estimate of $0.07. Revenue for the quarter came in at $100.69 million versus the consensus estimate of $98.23 million.

"We are pleased that traffic to our domestic open-air centers reached 97% of 2019 levels during the first quarter of 2021, and exceeded 2019 levels in April. These... More