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SITC · NYSE · REIT - Retail

SITE Centers (SITC)

Selling remaining open-air shopping centers while monetizing DTP and Curbline ties.

$3.01

vs last close−0.06 (−1.80%)

In millions of USD, except per-share figures

In millions	Q3 FY23Sep 2023	Q4 FY23Dec 2023	Q1 FY24Mar 2024	Q2 FY24Jun 2024	Q3 FY24Sep 2024	Q4 FY24Dec 2024	Q1 FY25Mar 2025	Q2 FY25Jun 2025	Q3 FY25Sep 2025	Q4 FY25Dec 2025	Q1 FY26Mar 2026	Q2 FY26Jun 2026
Revenue	145	125	94	116	91	−51	43	33	27	20	13	11
Cost of revenue	42	38	29	35	28	−5	12	11	9	98	15	13
Gross profit	103	86	65	80	62	−46	31	22	18	−78	−2	−2
	64	62	47	53	49	−8	23	22	21	−71	4	5
	11	15	14	13	15	8	9	9	10	11	9	9
General & administrative	11	15	14	13	15	8	9	9	10	11	9	9
Other expenses	53	47	34	40	34	−16	13	13	11	−82	−5	−4
Operating income	39	25	18	27	13	−37	8	0	−3	−6	−6	−7
	10	173	−51	211	310	26	−5	47	−3	140	7	6
Interest income	0	0	7	9	14	2	0	1	1	1	1	2
Interest expense	21	20	19	18	17	5	6	5	4	30	0	0
Other non-operating income	−31	−193	32	−230	−327	−31	−1	−52	−1	−170	−7	−6
Income before tax	49	198	−33	239	323	−12	3	47	−6	134	1	−1
Income tax expense	0	1	0	0	0	0	0	0	0	−1	0	0
Net income from continuing operations	49	196	−33	238	323	−12	3	47	−6	134	1	−1
Discontinued operations	0	0	9	0	0	0	0	0	0	0	0	0
Other adjustments	0	0	0	0	0	6	0	0	0	0	0	0
Net income	49	196	−24	238	323	−6	3	47	−6	134	1	−1
EPS, basic	$0.87	$3.68	−$0.51	$4.48	$6.09	−$0.25	$0.06	$0.88	−$0.13	$2.58	$0.02	−$0.02
EPS, diluted	$0.87	$3.68	−$0.51	$4.44	$6.07	−$0.25	$0.06	$0.88	−$0.13	$2.58	$0.02	−$0.02
Weighted average shares, basic	52	52	52	52	52	52	52	52	52	52	52	52
Weighted average shares, diluted	52	52	52	53	53	52	52	52	52	52	52	52
EBITDA	123	265	29	297	374	7	22	65	9	172	6	3
Depreciation & amortization	53	47	43	40	34	13	13	13	11	8	5	4
EBIT	70	218	−14	257	340	−6	9	52	−2	164	1	−1