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SITE Centers Q3 OFFO & Revenues Miss Estimates, Stock Falls
SiteOneSiteOne(US:SITE) ZACKS·2024-11-01 02:56

Shares of SITE Centers Corp. (SITC) plunged 3.97% in the Oct. 30 regular trading session on the NYSE after it reported third-quarter 2024 operating funds from operations (OFFO) per share of 81 cents, which missed the Zacks Consensus Estimate of 87 cents.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Results reflect a fall in revenues and base rent per square foot on year-over-year basis.SITE Centers generated revenues of 89.4million,whichmissedtheZacksConsensusEstimateof89.4 million, which missed the Zacks Consensus Estimate of ...