Site Centers Corp reports results for the quarter ended December 31 - Earnings Summary

• Site Centers Corp SITC.N reported a quarterly adjusted loss of 25 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $3.68. The mean expectation of four analysts for the quarter was for a loss of 13 cents per share. Wall Street expected results to range from -49 cents to 69 cents per share.

• Revenue fell 73.3% to $32.87 million from a year ago; analysts expected $66.79 million.

• Site Centers Corp's reported EPS for the quarter was a loss of 25 cents​.

• The company reported a quarterly loss of $13.25 million.

• Site Centers Corp shares had fallen by 4.9% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 45.7% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the commercial reits peer group is also "hold"

Wall Street's median 12-month price target for Site Centers Corp is $17.00

This summary was machine generated from LSEG data February 27 at 03:13 p.m. UTC. ​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)