SITC Q3 2018 Earnings — SITE Centers Corp. Revenue & Financial Results | Market Cap Arena

SITCSITE Centers Corp.

$309M

Q3 2018 Earnings

Real Estate REIT - Retail

Income Statement

Revenue

$127M-42.2% YoY

Gross Profit

$88M68.9% margin

Operating Income

$89M70.3% margin

Net Income

-$9M-7.0% margin

EPS (Diluted)

$-0.19

QoQ Revenue Growth

-36.8%

Cash Flow

Operating Cash Flow

$36M

Free Cash Flow

$36M

Stock-Based Comp.

$622,000

Balance Sheet

Total Assets

$4.6B

Total Liabilities

$2.6B

Stockholders' Equity

$2.0B

Cash & Equivalents

$11M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$127M	$220M	-42.2%
Gross Profit	$88M	$161M	-45.4%
Operating Income	$89M	$161M	-44.3%
Net Income	-$9M	$983,000	-1008.5%

Revenue Segments

Asset And Property Management Fees

$7M62%

Leasing Commissions

$2M17%

Disposition Fees

$2M15%

Development Fees

$393,0004%

Guaranty Fee

$100,0001%

Credit Facility Guaranty Fee

$60,0001%