SITE CENTERS CORP. (SITC) Misses Q4 FFO and Revenue Estimates

SITE CENTERS CORP. (SITC) came out with quarterly funds from operations (FFO) of $0.16 per share, missing the Zacks Consensus Estimate of $0.23 per share. This compares to FFO of $1.04 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -30.43%. A quarter ago, it was expected that this company would post FFO of $0.87 per share when it actually produced FFO of $0.81, delivering a surprise of -6.90%.Over the last four quarters, the compa ...