Site Centers Corp expected to post earnings of 2 cents a share - Earnings Preview

Site Centers

09/02/2024 13:40

* Site Centers Corp  SITC.N   SITC.K  is expected to show a
fall
in quarterly revenue when it reports  results on February 13 for
the period ending December 31 2023
    * The Beachwood Ohio-based  company is expected to report a
5.1% decrease in revenue to $129.521 million from $136.43
million a year ago, according to the mean estimate from 8
analysts, based on LSEG data. (Revenue consensus is on Total
Rental revenues)
    * ​LSEG's mean analyst estimate for Site Centers Corp is for
earnings of 2 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 9
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Site
Centers Corp
is $14.00​, above​ its last closing price of $13.78. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.28        0.28       0.33      Beat    17.9
 Jun. 30 2023  0.28        0.28       0.29      Beat    2.2
 Mar. 31 2023  0.28        0.28       0.30      Beat    6.7​
 Dec. 31 2022  0.28        0.28       0.29      Beat    4.4
 ​​Sep.        0.28        0.28       0.29      Beat    3.5
 30 2022                                                
 Jun. 30 2022  0.28        0.28       0.31      Beat    10.7​
 Mar. 31 2022  0.27        0.27       0.29      Beat    7.4
 Dec. 31 2021  0.27        0.27       0.30      Beat    11.8
 This summary was machine generated February 9 at 13:39 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)