SITC Q1 2019 Earnings — SITE Centers Corp. Revenue & Financial Results | Market Cap Arena

SITCSITE Centers Corp.

$309M

Q1 2019 Earnings

Real Estate REIT - Retail

Income Statement

Revenue

$114M-46.6% YoY

Gross Profit

$77M67.8% margin

Operating Income

$77M67.8% margin

Net Income

$36M31.5% margin

EPS (Diluted)

$0.60

QoQ Revenue Growth

-6.4%

Cash Flow

Operating Cash Flow

$42M

Free Cash Flow

$42M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$4.1B

Total Liabilities

$2.1B

Stockholders' Equity

$2.0B

Cash & Equivalents

$10M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$114M	$213M	-46.6%
Gross Profit	$77M	$151M	-49.0%
Operating Income	$77M	-$10M	+861.1%
Net Income	$36M	-$54M	+166.1%

Revenue Segments

Asset And Property Management Fees

$6M53%

Credit Facility Guaranty And Refinancing Fees

$2M17%

Leasing Commissions

$1M14%

Disposition Fees

$1M11%

Development Fees

$553,0005%