Reports Q revenue $89.4M, consensus $98.97M.Third quarter operating funds from operations attributable to common shareholders was $42.8 M , or 81c per diluted share, compared to $69.9M , or $1.33 per diluted share, in the year-ago period. The decrease year-over-year primarily was due to the impact of lower property NOI as a result of net property dispositions, partially offset by higher interest income.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SITC:
- SITC Upcoming Earnings Report: What to Expect?
- Site Centers price target lowered to $23 from $72 at Piper Sandler
- Site Centers price target adjusted to $17 at Compass Point after Curbline spin
- Curbline Properties initiated with a Neutral at Citi
- Site Centers downgraded to Sector Weight from Overweight at KeyBanc