Tanger Q4 FFO Beats by 6.11% at $0.63, Revenues Top by 7.32%
Tanger Inc reported Q4 FFO of $0.63 per share, a 6.11% surprise over the $0.59 estimate and up from $0.54 a year ago. Revenues rose 14.2% to $150.95 million, topping consensus by 7.32%, while shares have added 6.7% year-to-date.
1. Q4 Financial Results
Tanger delivered funds from operations of $0.63 per share in the quarter ended December 2025, exceeding estimates by 6.11% and rising 16.7% from $0.54 a year earlier. Total revenues increased to $150.95 million, a 14.2% year-over-year gain and 7.32% above consensus expectations.
2. Stock Performance
Tanger shares have climbed approximately 6.7% since January 1, outperforming the S&P 500’s 0.1% decline, reflecting investor confidence in the company’s outlet mall portfolio and earnings resilience.
3. Outlook and Estimates
The current consensus estimate for Q1 FFO stands at $0.57 per share on revenues of $136.84 million. Future stock performance will hinge on management’s commentary on trends in same-store sales, occupancy and guidance updates during the upcoming earnings call.