Retail Opportunity Investments (ROIC) Tops Q1 EPS by 2c

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Retail Opportunity Investments Corp. ReportsĀ 2022 First Quarter Results

April 25, 2022 4:15 PM EDT

SAN DIEGO, April 25, 2022 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ: ROIC) announced today financial and operating results for the three months ended March 31, 2022.

HIGHLIGHTS

$11.6 million of net income attributable to common stockholders ($0.09 per diluted share)$36.2 million in Funds From Operations (FFO)(1) ($0.28 per diluted share)FFO guidance for 2022 raised ($1.04 - $1.10 per diluted share)7.5% increase in same-center cash net operating income (1Q22 vs.... More