FFO Surpasses Consensus

Tanger (SKT) reported fourth‑quarter funds from operations (FFO) of $75.6 million, or $0.63 per share, surpassing the average analyst estimate of $0.59 per share. The $0.63 per‑share figure represents a 6.11 % surprise over the Zacks Consensus Estimate and marks the third time in four quarters that the company has beat consensus FFO expectations. Q4 revenues reached $150.95 million, a 7.32 % increase over the consensus estimate.