Investing.com - Site Centers reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Site Centers announced earnings per share of $0.26 on revenue of $124.56M. Analysts polled by Investing.com anticipated EPS of $0.0484 on revenue of $120.19M.
Site Centers shares are down 6.44% from the beginning of the year, still down 15.90% from its 52 week high of $17.61 set on November 5, 2021. They are under-performing the EUR/USD which is down 0% from the start of the year.
Site Centers follows other major Real Estate sector earnings this month
Site Centers's report follows an earnings beat by Prologis on January 19, who reported EPS of $1.67 on revenue of $1.07B, compared to forecasts EPS of $0.7055 on revenue of $1.04B.
Crown Castle had beat expectations on January 26 with fourth quarter EPS of $0.81 on revenue of $1.65B, compared to forecast for EPS of $0.7708 on revenue of $1.63B.
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