Tanger Q4 Core FFO, Revenue Rise; 2025 FFO Guidance Issued

MT Newswires Live

2025/02/20

Tanger (SKT) reported Q4 core funds from operations late Wednesday of $0.54 per diluted share, up from $0.52 a year earlier.

Analysts polled by FactSet expected $0.53.

Revenue for the quarter ended Dec. 31 was $140.7 million, up from $127.5 million a year earlier. Analysts expected $129.3 million.

For 2025, the company said it expects FFO between $2.22 and $2.30 per diluted share. Analysts are looking for $2.23.

The company's shares were up more than 2% in recent after-hours activity.

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