SL Green Realty Corp. Reports Fourth Quarter and Full Year 2015 FFO of $1.62 and $6.49 Per Share before Transaction Costs; and EPS of $1.01 and $2.70 Per Share
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S&P Upgrades SL Green Realty (SLG) to 'BBB-'; Outlook Stable
January 29, 2016 2:39 PM ESTStandard & Poor's Ratings Services raised its corporate credit rating on SL Green Realty Corp. (NYSE: SLG) to 'BBB-' from 'BB+'. The outlook is stable.
At the same time, we affirmed our 'BBB-' unsecured issue-level ratings and withdrew the '2' recovery rating.
The upgrade reflects our expectation that SL Green will use proceeds from asset sales to repay debt and continue to benefit from modest demand and disciplined supply growth in the Manhattan... More
SL Green Realty (SLG) Sees Heavy Mid-Day Selling Pressure
January 28, 2016 3:21 PM ESTSL Green Realty (NYSE: SLG) moving to the lows of the deal following earnings after the close. Shares are down 7.3%. Comments from the company's conference call contributed to the decline.
... MoreSL Green Realty (SLG) Tops Q4 EPS by 1c
January 27, 2016 6:08 PM ESTSL Green Realty (NYSE: SLG) reported Q4 EPS of $1.62, $0.01 better than the analyst estimate of $1.61. Revenue for the quarter came in at $425.39 million versus the consensus estimate of $332.51 million.
Highlights:
Fourth quarter 2015 FFO of $1.62 per share before transaction related costs of $0.01 per share compared to fourth quarter 2014 FFO of $1.45 per share before transaction related costs of $0.02 per share.Full year 2015 FFO of $6.49 per share before transaction related costs of $0.11... More