SITE Centers Reports First Quarter 2020 Operating Results
SITE Centers Corp. (SITC)
Last site centers corp. earnings: 4/30 06:30 am
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Source: Business Wire
BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Corp. (NYSE: SITC) today announced operating results for the quarter ended March 31, 2020.“SITE Centers had a strong start to the year and is well-positioned heading into a period of economic uncertainty given the strength of the Company’s curated portfolio and balance sheet,” commented David R. Lukes, President and Chief Executive Officer. “We have substantial liquidity, no material near-term maturities, and no material capital commitments.”Results for the QuarterFirst quarter net income attributable to common shareholders was $29.2 million, or $0.15 per diluted share, as compared to net income of $27.4 million, or $0.15 per diluted share, in the year-ago period. The year-over-year increase in net income was primarily attributable to a gain recognized on the sale of a joint venture interest offset by a valuation allowance of the Company’s preferred investments and debt extinguishment costs.First quarter operating funds from operation
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SITC
Sec Filings
- 3/4/26 - Form 8-K
- 3/3/26 - Form 4
- 2/26/26 - Form 10-K
- SITC's page on the SEC website