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SL Green Realty Corp reports results for the quarter ended June 30 - Earnings Summary

SL Green Realty Corp SLG.N reported a quarterly adjusted loss of 29 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of -4 cents.  The mean expectation of six analysts for the quarter was for a loss of 12 cents per share. Wall Street expected results to range from -46 cents to 17 cents per share.

Revenue fell 2.1% to $147.54 million from a year ago; analysts expected $156.86 million.

SL Green Realty Corp's reported EPS for the quarter was a loss of 16 cents​.

The company reported a quarterly loss of $11.09 million.

SL Green Realty Corp shares had risen by 0.7% this quarter and lost 8.2% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 2.6% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 12 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the commercial reits peer group is  "buy."

Wall Street's median 12-month price target for SL Green Realty Corp is $61.00, about 4.8% below its last closing price of $63.91

This summary was machine generated from LSEG data July 16 at 09:41 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20251.381.63Beat
Mar. 31 20251.311.43Beat
Dec. 31 20241.471.81Beat
Sep. 30 20241.241.13Missed

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