SITE Centers Corp. (SITC) Wednesday reported third-quarter net income of $320.2 million, or $6.07 per diluted share, compared to net income of $45.9 million or $0.87 per share in the year-ago period.
The increase year-over-year primarily was the result of higher gain on sale from dispositions and interest income.
Third-quarter operating funds from operations was $42.8 million or $0.81 per share, compared to $69.9 million or $1.33 per share in the year-ago period.
Revenues for the quarter dropped to $89.43 million, compared to $143.09 million last year.
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September 11, 2026 16:26 ET Consumer prices data was the main news on the economic front in the U.S. this week. In Europe, the latest interest rate decision from the European Central Bank was the focus along with the revised second quarter economic growth data for the euro area. In Asia, the monthly foreign trade data from China drew attention.