SITC Q1 2022 Earnings — SITE Centers Corp. Revenue & Financial Results | Market Cap Arena

SITCSITE Centers Corp.

$320M

Q1 2022 Earnings

Real Estate REIT - Retail

Income Statement

Revenue

$134M+4.8% YoY

Gross Profit

$92M68.6% margin

Operating Income

$30M22.0% margin

Net Income

$14M10.4% margin

EPS (Diluted)

$0.20

QoQ Revenue Growth

-0.4%

Cash Flow

Operating Cash Flow

$54M

Free Cash Flow

$29M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$4.1B

Total Liabilities

$2.0B

Stockholders' Equity

$2.1B

Cash & Equivalents

$17M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$134M	$128M	+4.8%
Gross Profit	$92M	$88M	+4.5%
Operating Income	$30M	$25M	+16.9%
Net Income	$14M	$16M	-12.9%

Revenue Segments

Asset And Property Management Fees

$2M85%

Leasing Commissions

$270,00010%

Development Fees

$136,0005%