Site Centers Corp expected to post earnings of 5 cents a share - Earnings Preview

Site Centers

26/04/2024 15:38

* Site Centers Corp  SITC.N   SITC.K  is expected to show a
fall
in quarterly revenue when it reports  results on April 30 for
the period ending March 31 2024
    * The Beachwood Ohio-based  company is expected to report a
13.8% decrease in revenue to $118.013 million from $136.83
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Site Centers Corp is for
earnings of 5 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 had fallen by
about 0.6%
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 $13.62. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.26        0.26       0.25      Missed  -3
 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.        0.28        0.28       0.29      Beat    4.4
 31 2022                                                
 Sep. 30 2022  0.28        0.28       0.29      Beat    3.5​
 Jun. 30 2022  0.28        0.28       0.31      Beat    10.7
 Mar. 31 2022  0.27        0.27       0.29      Beat    7.4
 This summary was machine generated April 26 at 14:38 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)