SL Green Posts 3Q EPS of $1.01
SLG sits 34% above its 52-week low of $34.77.
Summary
SL Green reported third-quarter EPS of $1.01 per share, along with revenue of $273 million and net income of $89.7 million. FFO for the quarter was $1.59 per share, against Q2's FFO of $1.43 per share, when the company had raised its full-year guidance. The Manhattan office REIT raised its 2026 view to FFO of $6.50 to $6.70 per share. The stock trades near $46.68 with a market cap around $3.6 billion, so a guidance revision would carry real weight.
At the time of this announcement, SLG was trading at $46.68 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $3.6B. The 52-week trading range was $34.77 to $60.09. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.