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

Site Centers

25/04/2023 14:33

* Site Centers Corp  SITC.N  reported quarterly adjusted
earnings
of 6 cents​​ per share for the quarter ended in March. The mean
expectation of six analysts for the quarter was for earnings of
5 cents per share.
    * Revenue rose 4.4% to $136.83 million from a year ago;
analysts
expected $134.47 million. 
    * Site Centers Corp's reported EPS for the quarter was 6
cents​.
    * The mean earnings estimate of analysts had risen by
about 0.6%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Site Centers Corp shares had fallen by 2.7% this
quarter and
lost 12.5% so far this year.
    * The company reported quarterly net income of $12.5
million.
    * Wall Street's median 12-month price target for Site
Centers Corp
is $14.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
April 25 at 01:33 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.28           0.30           Beat
 Dec. 31 2022      0.28           0.29           Beat
 Sep. 30 2022      0.28           0.29           Beat
 Jun. 30 2022      0.28           0.31           Beat