earnings
confidence high
sentiment positive
materiality 0.75
Tanger Q4 EPS $0.29 vs $0.23 YoY; FFO $0.63; introduces 2026 guidance
TANGER INC.
- Q4 net income $33.2M ($0.29/diluted share) up from $26.3M ($0.23) prior year.
- Q4 FFO $75.6M ($0.63/share) vs $63.3M ($0.54); Core FFO $0.63/share.
- Full year net income $113.9M ($0.99/share) vs $97.7M ($0.88); includes $4.2M impairment.
- Record annual leasing volume; same center NOI increased; occupancy strengthened.
- 2026 guidance introduced; balance sheet strengthened via early-2026 financing.