Short answer
SITE Centers Corp. (SITC) filed its Q1 2026 10-Q quarterly report on May 7, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $13M (down 69.5% year over year) with net income of $938,000.
Q1 2026 key financials · XBRL
- Revenue
- $13M
- −69.5% YoY
- Net income
- $938,000
- −69.6% YoY
- EPS (diluted)
- $0.02
- −66.7% YoY
Source: XBRL data from the SITE Centers Corp. (SITC) Q1 2026 10-Q on SEC EDGAR. USD.
SITE Centers Corp. Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $13.0M, down $29.6M YoY from $42.6M, driven by dispositions and lower fee income
- Net income $938K vs $3.1M YoY; FFO $(1.2)M vs $16.0M
- Occupancy 84.9% vs 89.4% YoY; cash lease spreads 16.7% new leases and 1.9% renewals
- Unrestricted cash $193.5M; operating cash flow $(4.3)M vs $5.7M YoY
- Asset-sale strategy and wind-up; future rental income and net income expected to decline with elevated expenses and DTP uncertainty
Risk Factors
- Risk factors section states “None,” providing no new or changed risks versus the latest 10-K
- Regulatory, legal, and compliance risk: no quarterly updates disclosed
- Operational, competitive, and market risks: no quarterly updates disclosed
- Financial risk: $73.4 million remains available under the $100 million share-repurchase authorization
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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