Taubman Centers, Inc. (NYSE:TCO) is expected to report second quarter earnings results, after market close, on Monday 10th August 2020.
Analysts polled by Thomson Reuters anticipate second quarter loss of $ 0.7 per share.
Looking ahead, the full year loss are expected at $ 2.29 per share on the revenues of $ 585.12 million.
Previous Quarter Performance
Taubman Centers, Inc. reported income for the first quarter of $ 0.88 per share, from the revenue of $ 159.46 million. The quarterly earnings while revenues compared with the same quarter last year.
Wall street analysts are predicting revenue of $ 157.67 million The bottom line results street analysts by $ 0.05 or , at the same time, top line results outshined analysts by $ 1.79 million or 1.14 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of TCO was $ 38.38, representing a 46.27 % increase from the 52 week low of $ 26.24 and a 28.13 % decrease over the 52 week high of $ 53.40.
The company has a market capital of $ 2.36 billion and is part of the Real Estate sector and REIT – Retail industry.
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Recent Analyst recommendations
- On 18th June 2020, maintained by JPMorgan Chase & Co. at Neutral rating, with $ 37.00 target price.
Taubman Centers is an S&P MidCap 400 Real Estate Investment Trust engaged in the ownership, management and/or leasing of 27 regional, super-regional and outlet shopping centers in the U.S. and Asia. Taubmans U.S.-owned properties are the most productive in the publicly held U.S.
