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SITE Centers Corp. (SITC)

For the quarter ending 2025-06-30, SITC made $33,470K in revenue. $46,504K in net income. Net profit margin of 138.94%.

Overview

Revenue
$33,470K
Net Income
$46,504K
Net Profit Margin
138.94%
EPS
$0.88
Unit: Thousand (K) dollars
Revenue Breakdown
    • Rental income
    • Fee and other income

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-06-30
2025-03-31
2024-09-30
Total revenue from operations33,470 42,623 90,763
Depreciation and amortization- - 34,251
Real estate taxes4,690 4,721 12,170
Operating and maintenance6,457 7,132 16,185
General and administrative9,418 9,395 15,111
Depreciation and amortization12,921 13,252 -
Total rental operation expenses33,486 34,500 77,717
Gain on derivative instruments- - 754
Transaction costs and other expense- - 23,847
Other income (expense), net-1,373 -753 -
Interest income722 361 13,997
Interest expense5,314 5,565 16,706
Gain on debt retirement- - -
Loss on derivative instruments- - -
Debt extinguishment costs504 - 32,559
Total other income (expense)-6,469 -5,957 -58,361
Loss before earnings from discontinued operations, equity method investments and other items-6,485 2,166 -
Equity in net (loss) income of joint ventures-68 39 328
Gain on disposition of real estate, net53,236 1,029 -
Gain on sale and change in control of interest- - -
Gain on disposition of real estate, net- - 368,139
Income (loss) from continuing operations before equity method investments, income taxes, noncontrolling interest- - -45,315
Income before tax expense46,683 3,234 323,152
Tax expense of taxable reit subsidiaries and state franchise and income taxes179 149 199
Income from continuing operations46,504 3,085 -
Income from discontinued operations- - -
Net income46,504 3,085 322,953
Preferred dividends- - 2,789
Net income attributable to site centers- - 322,953
Net income attributable to common shareholders46,504 3,085 320,164
Earnings per share, basic0.88 0.06 6.09
Earnings per share, diluted0.88 0.06 6.07
Weighted average number of shares outstanding, basic52,445,000 52,436,000 52,400,000
Weighted average number of shares outstanding, diluted52,445,000 52,436,000 52,553,000
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

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Gain on dispositionof real estate, net$53,236K Fee and other income$2,808K Rental income$30,662K Income before taxexpense$46,683K Equity in net (loss)income of joint...-$68K Loss before earningsfrom discontinued...-$6,485K Total revenue fromoperations$33,470K Income from continuingoperations$46,504K Tax expense oftaxable reit...$179K Total other income(expense)-$6,469K Total rentaloperation expenses$33,486K Interest income$722K Net income$46,504K Debt extinguishmentcosts$504K Interest expense$5,314K Other income(expense), net-$1,373K Depreciation andamortization$12,921K General andadministrative$9,418K Operating and maintenance$6,457K Real estate taxes$4,690K Net incomeattributable to common...$46,504K