Empire State Realty Trust Announces Second Quarter 2019 Results

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Empire State Realty Trust (ESRT) Reports Q2 EPS of $0.06, Revenues Beat

July 24, 2019 4:37 PM EDT

Empire State Realty Trust (NYSE: ESRT) reported Q2 EPS of $0.06, versus $0.10 reported last year. Revenue for the quarter came in at $176.24 million versus the consensus estimate of $123.26 million.

Net income attributable to the Company was $0.06 per fully diluted share.Core Funds From Operations (Core FFO) was $0.22 per fully diluted share.Occupancy and leased percentages at June 30, 2019:Total portfolio was 90.2% occupied; including Signed Leases Not Commenced (SLNC), the total portfolio was 92.2% leased.Manhattan office portfolio... More