SITE Centers Corp Q3 EPS $0.22 Down From $0.30 YoY, Revenue $142.498M Beats $135.212M Estimate
Portfolio Pulse from Benzinga Newsdesk
SITE Centers Corp reported Q3 earnings per share (EPS) of $0.22, down from $0.30 year over year (YoY). However, the company's revenue of $142.498M surpassed the estimate of $135.212M.
October 30, 2023 | 8:55 pm
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NEUTRAL IMPACT
SITE Centers Corp's Q3 EPS decreased YoY, but revenue beat estimates. This mixed result could lead to uncertain market reactions.
While the decrease in EPS indicates a drop in profitability, the revenue beat suggests strong business performance. These mixed results could lead to varied investor reactions, making the short-term impact on the stock price uncertain.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100