earnings
confidence high
sentiment positive
materiality 0.75
Tanger reports Q4 FFO $0.54/share, acquires two shopping centers, introduces 2025 guidance
TANGER INC.
- Q4 net income $0.23/share ($26.3M), up from $0.22/share ($23.5M) YoY.
- Q4 FFO $0.54/share ($63.3M), up from $0.52/share ($58.2M) YoY.
- Full year FFO $2.12/share ($245.4M), up from $1.96/share ($218.4M).
- Acquired Promenade at Chenal (Little Rock, Dec 2024) and Pinecrest (Cleveland, post-year-end).
- Introduced 2025 guidance; specific figures not provided in press release.