SITE Centers (NYSE:SITC – Get Free Report) is scheduled to issue its quarterly earnings data before the market opens on Wednesday, October 30th. Analysts expect the company to announce earnings of $0.87 per share for the quarter.
SITE Centers (NYSE:SITC – Get Free Report) last released its quarterly earnings results on Tuesday, July 30th. The company reported $17.76 earnings per share for the quarter, beating analysts’ consensus estimates of $3.84 by $13.92. SITE Centers had a net margin of 91.77% and a return on equity of 23.05%. The company had revenue of $113.48 million for the quarter, compared to analyst estimates of $113.23 million. During the same period last year, the firm earned $4.64 earnings per share. The firm’s revenue was down 16.5% on a year-over-year basis. On average, analysts expect SITE Centers to post $3 EPS for the current fiscal year and $1 EPS for the next fiscal year.
SITE Centers Stock Down 1.7 %
SITC opened at $16.88 on Monday. The company has a debt-to-equity ratio of 0.70, a current ratio of 7.36 and a quick ratio of 7.36. The company’s 50-day moving average is $43.39 and its 200 day moving average is $165.71. SITE Centers has a fifty-two week low of $16.27 and a fifty-two week high of $193.32. The firm has a market capitalization of $3.54 billion, a P/E ratio of 16.55 and a beta of 1.64.
Analysts Set New Price Targets
Read Our Latest Research Report on SITC
About SITE Centers
SITE Centers is an owner and manager of open-air shopping centers located in suburban, high household income communities. The Company is a self-administered and self-managed REIT operating as a fully integrated real estate company, and is publicly traded on the New York Stock Exchange under the ticker symbol SITC.
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