Tanger Q3 EPS $0.22, raises FY guidance; occupancy 96.5%, dividend up 10%

TANGER INC.

2022-Q3 EPS reported $0.60 revenue$326,152,000

Q3 net income $23M ($0.22/share) vs prior year loss $11M ($0.11); Core FFO $0.47/share flat YoY.
Occupancy 96.5%, up 210 bps YoY; blended rent spreads positive 5.7%.
Raised full-year 2022 earnings guidance, citing stronger leasing and NOI growth.
Dividend increased 10% in October, with YTD growth over 20%.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.85

TANGER INC. reported three and nine months ended September 30, 2022 results: net income $0.22 per share, or $23.0 million, EPS $0.22 per share. Guidance raised.

Period: three and nine months ended September 30, 2022
Net income: $0.22 per share, or $23.0 million
EPS: $0.22 per share
Guidance: raised
Result: reported results

Exact text from the filing

“We are pleased to announce another quarter of strong results. As a result of our continued momentum and outlook for the remainder of 2022, we are raising our full-year 2022 earnings guidance

View on SEC.gov

Browse all earnings releases →

TANGER INC. filing history →

Source: SEC EDGAR

accession 0000899715-22-000170

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.