SITC Q2 2024 Earnings — SITE Centers Corp. Revenue & Financial Results | Market Cap Arena

SITCSITE Centers Corp.

$320M

Q2 2024 Earnings

Real Estate REIT - Retail

Income Statement

Revenue

$116M-16.3% YoY

Gross Profit

$80M69.4% margin

Operating Income

$27M23.4% margin

Net Income

$238M206.0% margin

EPS (Diluted)

$4.44

QoQ Revenue Growth

+23.0%

Cash Flow

Operating Cash Flow

$66M

Free Cash Flow

$66M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$4.0B

Total Liabilities

$1.7B

Stockholders' Equity

$2.3B

Cash & Equivalents

$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$116M	$138M	-16.3%
Gross Profit	$80M	$95M	-15.9%
Operating Income	$27M	$23M	+19.6%
Net Income	$238M	$5M	+4350.7%