For the quarter ended September 2024, SL Inexperienced (SLG) reported income of $139.62 million, up 6.2% over the identical interval final yr. EPS got here in at $1.13, in comparison with -$0.38 within the year-ago quarter.
The reported income represents a shock of +2.17% over the Zacks Consensus Estimate of $136.66 million. With the consensus EPS estimate being $1.21, the EPS shock was -6.61%.
Whereas traders intently watch year-over-year modifications in headline numbers — income and earnings — and the way they evaluate to Wall Avenue expectations to find out their subsequent plan of action, some key metrics all the time present a greater perception into an organization’s underlying efficiency.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps traders mission a inventory’s worth efficiency extra precisely.
Right here is how SL Inexperienced carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Avenue analysts:
- Revenues- Rental income together with Escalation and reimbursement revenues: $156.93 million versus the four-analyst common estimate of $153.78 million. The reported quantity represents a year-over-year change of +19.3%.
- Revenues- Funding earnings: $5.34 million in comparison with the $9.29 million common estimate based mostly on 4 analysts. The reported quantity represents a change of -44.8% yr over yr.
- SUMMIT Operator income: $36.44 million versus $35.69 million estimated by three analysts on common.
- Revenues- Different earnings: $26.21 million versus $20.41 million estimated by two analysts on common. In comparison with the year-ago quarter, this quantity represents a +109% change.
- Internet Earnings Per Share (Diluted): -$0.21 versus the five-analyst common estimate of -$0.47.
View all Key Company Metrics for SL Green here>>>
Shares of SL Inexperienced have returned +3.7% over the previous month versus the Zacks S&P 500 composite’s +3.5% change. The inventory at present has a Zacks Rank #1 (Sturdy Purchase), indicating that it might outperform the broader market within the close to time period.
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SL Green Realty Corporation (SLG) : Free Stock Analysis Report
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