Tanger Raises FY2026 FFO Guidance from $2.41-$2.49 to $2.42-$2.50 vs $2.43 Est
Benzinga Newsdesk 6 months ago
NewsGuidance
Guidance for 2026Based on the Company's first quarter results, its view on current market conditions, and its outlook for the remainder of 2026, management currently believes the Company's full-year 2026 net income and
Guidance for 2026
Based on the Company's first quarter results, its view on current market conditions, and its outlook for the remainder of 2026, management currently believes the Company's full-year 2026 net income and FFO per share will be as follows:
| For the year ending December 31, 2026: | Current | Previous | ||||||||||
Low Range | High Range | Low Range | High Range | |||||||||
| Estimated diluted net income per share | $ | 1.05 | $ | 1.13 | $ | 1.04 | $ | 1.12 | ||||
| Depreciation and amortization of real estate assets - consolidated and the Company's share of unconsolidated joint ventures | 1.37 | 1.37 | 1.37 | 1.37 | ||||||||
| Estimated diluted FFO per share | $ | 2.42 | $ | 2.50 | $ | 2.41 | $ | 2.49 | ||||
The above estimates reflect the following key assumptions (dollars in millions):