SL Green Realty Corp reports results for the quarter ended June 30 - Earnings Summary
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 42 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of -29 cents. The mean expectation of five analysts for the quarter was for a loss of 65 cents per share. Wall Street expected results to range from -87 cents to -44 cents per share.
Revenue rose 16.5% to $171.85 million from a year ago; analysts expected $179.42 million.
SL Green Realty Corp's reported EPS for the quarter was a loss of 38 cents.
The company reported a quarterly loss of $26.5 million.
SL Green Realty Corp shares had fallen by 1.8% this quarter and gained 10.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 2% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 8 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the commercial reits peer group is also "buy"
Wall Street's median 12-month price target for SL Green Realty Corp is $52.00, about 2.3% above its last closing price of $50.82
This summary was machine generated from LSEG data July 22 at 09:01 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 ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 1.20 | 1.43 | Beat |
Mar. 31 2026 | 1.09 | 0.85 | Missed |
Dec. 31 2025 | 1.17 | 1.13 | Missed |
Sep. 30 2025 | 1.49 | 1.58 | Beat |
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See all newsSL Green Realty Corp reports results for the quarter ended September 30 - Earnings Summary
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