SL Green Realty Corp expected to post a loss of 27 cents a share - Earnings Preview

Sl Green Realty

20/01/2025 21:14

* SL Green Realty Corp  SLG.N   SLG  is expected to show a
fall in
quarterly revenue when it reports  results on January 22 for the
period ending December 31 2024
    * The New York City-based  company is expected to report a
2.9% decrease in revenue to $146.902 million from $151.36
million a year ago, according to the mean estimate from 9
analysts, based on LSEG data. (SAL represents Rental Income
basis)
    * ​LSEG's mean analyst estimate for SL Green Realty Corp is
for a
loss of 27 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 14
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for SL Green
Realty
Corp is $75.50​, above​ its last closing price of $65.83. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  1.24        1.24       1.13      Missed  -9.2
 Jun. 30 2024  1.65        1.60       2.05      Beat    28.4
 Mar. 31 2024  2.16        2.16       3.07      Beat    42​
 Dec. 31 2023  0.89        0.90       0.72      Missed  -20.3
 ​​Sep.        1.26        1.26       1.27      Beat    0.7
 30 2023                                                
 Jun. 30 2023  1.34        1.34       1.43      Beat    6.8​
 Mar. 31 2023  1.42        1.41       1.53      Beat    8.7
 Dec. 31 2022  1.48        1.48       1.47      Missed  -0.6
 This summary was machine generated January 20 at 21:14 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)