SL Green Realty (SLG) Tops Q1 EPS by 69c, Revenues Beat; Provides Revised FY20 Guidance

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SL Green Realty Corp. Reports First Quarter EPS of $1.47 Per Share; and FFO of $2.08 Per Share

April 22, 2020 5:01 PM EDT

NEW YORK--(BUSINESS WIRE)-- SL Green Realty Corp. (NYSE: SLG):

Financial and Operating Highlights

Net income attributable to common stockholders of $1.47 per share for the first quarter as compared to $0.52 per share for the same period in 2019. Net income attributable to common stockholders for the first quarter of 2020 includes $72.3 million, or $0.88 per share, of net gain recognized from the sale of The Olivia. Funds from operations, or FFO, of $2.08 per share for the first quarter, which includes the recognition of $37.7 million, or $0.46... More