SITE Centers Corp. (SITC) Misses Q2 EPS by 5c, Revenues Beat

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Go back to SITE Centers Corp. (SITC) Misses Q2 EPS by 5c, Revenues Beat

SITE Centers Reports Second Quarter 2020 Operating Results

July 28, 2020 6:30 AM EDT

BEACHWOOD, Ohio--(BUSINESS WIRE)-- SITE Centers Corp. (NYSE: SITC) today announced operating results for the quarter ended June 30, 2020.

Despite unprecedented operating conditions, second quarter results demonstrate the durability of our assets with 100% of our properties operational and over 90% of our tenants currently open for business, commented David R. Lukes, President and Chief Executive Officer. Our agreement with Blackstone to unwind our BRE DDR joint ventures further improves our Companys financial position and outlook with substantial liquidity, no material near-term maturities, and no material capital commitments.

Results for the... More