Site Centers Corp reports results for the quarter ended in June - Earnings Summary

Site Centers

28/07/2022 20:24

* Site Centers Corp  SITC.N  reported quarterly adjusted
earnings
of 27 cents​​ per share for the quarter ended in June. The mean
expectation of six analysts for the quarter was for earnings of
4 cents per share.
    * Revenue rose 7.5% to $136.20 million from a year ago;
analysts
expected $129.97 million. 
    * Site Centers Corp's reported EPS for the quarter was 27
cents​.
    * The mean earnings estimate of analysts had risen by
about 1.1%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Site Centers Corp shares had risen by 4.4% this
quarter and
lost 11.2% so far this year.
    * The company reported quarterly net income of $57.6
million.
    * Wall Street's median 12-month price target for Site
Centers Corp
is $16.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 9
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data July 28
at 07:23 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.28           0.31           Beat
 Mar. 31 2022      0.27           0.29           Beat
 Dec. 31 2021      0.27           0.30           Beat
 Sep. 30 2021      0.26           0.29           Beat