SITC Q1 2020 Earnings — SITE Centers Corp. Revenue & Financial Results | Market Cap Arena

SITCSITE Centers Corp.

$309M

Q1 2020 Earnings

Real Estate REIT - Retail

Income Statement

Revenue

$129M+13.7% YoY

Gross Profit

$93M72.1% margin

Operating Income

$39M30.0% margin

Net Income

$34M26.6% margin

EPS (Diluted)

$0.60

QoQ Revenue Growth

+2.8%

Cash Flow

Operating Cash Flow

$36M

Free Cash Flow

$36M

Stock-Based Comp.

$18,000

Balance Sheet

Total Assets

$4.4B

Total Liabilities

$2.5B

Stockholders' Equity

$2.0B

Cash & Equivalents

$514M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$129M	$114M	+13.7%
Gross Profit	$93M	$77M	+20.8%
Operating Income	$39M	$77M	-49.7%
Net Income	$34M	$36M	-4.1%

Revenue Segments

Asset And Property Management Fees

$5M47%

Leasing Commissions

$3M29%

Disposition Fees

$2M15%

Development Fees

$870,0009%