Investing.com - Site Centers reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Site Centers announced earnings per share of $0.30 on revenue of $138.8M. Analysts polled by Investing.com anticipated EPS of $0.04 on revenue of $133.69M.
Site Centers shares are down 21.79% from the beginning of the year, still down 29.70% from its 52 week high of $17.61 set on November 5, 2021.
Site Centers follows other major Real Estate sector earnings this month
Site Centers's report follows an earnings beat by Prologis on October 19, who reported EPS of $1.36 on revenue of $1.75B, compared to forecasts EPS of $1.34 on revenue of $1.2B.
American Tower had beat expectations on Thursday with third quarter EPS of $1.8 on revenue of $2.67B, compared to forecast for EPS of $1.13 on revenue of $2.65B.
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