SL Green Realty (SLG) Misses Q2 EPS by 3c; offers guidance
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Revenue Growth %: -29.5%
Financial Fact:
Investment and preferred equity income: 75.4M
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SL Green Realty (NYSE: SLG) reported Q2 EPS of ($0.04), $0.03 worse than the analyst estimate of ($0.01). Revenue for the quarter came in at $135.56 million versus the consensus estimate of $133.83 million.
GUIDANCE
The Company is increasing its 2024 earnings guidance range for the year ending December 31, 2024 to FFO per share of $7.45 to $7.75, to reflect the outperformance of the real estate portfolio and SUMMIT One Vanderbilt as well as incremental fee generation, while maintaining its 2024 net income guidance range of $2.73 to $3.03.
For earnings history and earnings-related data on SL Green Realty (SLG) click here.
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