Tanger (SKT) Operating Income (2016 - 2018)

Tanger has reported Operating Income over the past 10 years, most recently at -$8.8 million for Q3 2018.

  • Quarterly Operating Income fell 121.16% to -$8.8 million in Q3 2018 from the year-ago period, while the trailing twelve-month figure was $110.0 million through Sep 2018, down 11.76% year-over-year, with the annual reading at $13.7 million for FY2017, 90.93% down from the prior year.
  • Operating Income was -$8.8 million for Q3 2018 at Tanger, down from $38.1 million in the prior quarter.
  • Over five years, Operating Income peaked at $43.6 million in Q4 2017 and troughed at -$8.8 million in Q3 2018.
  • The 5-year median for Operating Income is $36.9 million (2015), against an average of $32.8 million.
  • The largest YoY upside for Operating Income was 416.68% in 2018 against a maximum downside of 121.16% in 2018.
  • A 5-year view of Operating Income shows it stood at $35.6 million in 2014, then grew by 7.6% to $38.3 million in 2015, then fell by 0.07% to $38.3 million in 2016, then grew by 13.95% to $43.6 million in 2017, then crashed by 120.09% to -$8.8 million in 2018.
  • Per Business Quant, the three most recent readings for SKT's Operating Income are -$8.8 million (Q3 2018), $38.1 million (Q2 2018), and $37.1 million (Q1 2018).