Investing.com - Site Centers reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Site Centers announced earnings per share of $0.15 on revenue of $111.21M. Analysts polled by Investing.com anticipated EPS of $0.06 on revenue of $111.91M. That with comparison to EPS of $0.15 on revenue of $113.69M in the same period a year before. Site Centers had reported EPS of $0.05 on revenue of $111.79M in the previous quarter. Analysts are expecting EPS of $0.04 and revenue of $105.84M in the upcoming quarter.
Site Centers shares are down 56.78% from the beginning of the year , still down 61.77% from its 52 week high of $15.85 set on October 31, 2019. They are under-performing the EUR/USD which is down 0% year to date.
Site Centers follows other major Services sector earnings this month
Site Centers's report follows an earnings missed by Amazon.com on Thursday, who reported EPS of $5.01 on revenue of $75.45B, compared to forecasts EPS of $6.34 on revenue of $72.9B.
Visa A had beat expectations on Thursday with second quarter EPS of $1.39 on revenue of $5.85B, compared to forecast for EPS of $1.35 on revenue of $5.76B.
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