Site Centers (SITC 1.89%), a major U.S. operator of open-air shopping centers, released its earnings for the second quarter on August 5, 2025. The most notable headline is that Non-GAAP (Operating FFO) per share was $0.16 in Q2 2025 -- a figure that beat the consensus estimate of $(0.16) non-GAAP EPS. This marks a sharp outperformance versus expectations, as non-GAAP EPS of $0.16 exceeded the analyst estimate of -$0.16, but reflects a much smaller business following the spin-off of Curbline Properties and m ...