Investing.com - Site Centers reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Site Centers announced earnings per share of $0.05 on revenue of $119.99M. Analysts polled by Investing.com anticipated EPS of $-0.0114 on revenue of $112.15M.
Site Centers shares are up 41.3% from the beginning of the year, still down 3.31% from its 52 week high of $14.79 set on April 22. They are outperforming the EUR/USD which is down 0% from the start of the year.
Site Centers shares lost 1.24% 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 Wednesday, who reported EPS of $1.31 on revenue of $32.9B, compared to forecasts EPS of $1.29 on revenue of $32.44B.
AT&T had beat expectations on Thursday with first quarter EPS of $0.86 on revenue of $43.94B, compared to forecast for EPS of $0.7769 on revenue of $42.7B.
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