Investing.com - Site Centers reported on Tuesday second quarter earnings that matched analysts' forecasts and revenue that fell short of expectations.
Site Centers announced earnings per share of $-0.05 on revenue of $98.26M. Analysts polled by Investing.com anticipated EPS of $-0.05 on revenue of $102.2M.
Site Centers shares are down 50.43% from the beginning of the year , still down 56.15% from its 52 week high of $15.85 set on October 31, 2019. They are under-performing the EUR/USD which is down 0% from the start of the year.
Site Centers shares lost 1.14% in intra-day trade following the report.
Site Centers follows other major Services sector earnings this month
Site Centers's report follows an earnings beat by Verizon on Friday, who reported EPS of $1.18 on revenue of $30.45B, compared to forecasts EPS of $1.15 on revenue of $29.92B.
Netflix had missed expectations on July 16 with second quarter EPS of $1.59 on revenue of $6.15B, compared to forecast for EPS of $1.82 on revenue of $6.08B.
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