SL Green Realty (SLG) Tops Q1 EPS by 5c, Revenues Beat

SL Green Realty (NYSE: SLG) reported Q1 EPS of ($0.11), $0.05 better than the analyst estimate of ($0.16). Revenue for the quarter came in at $226.1 million versus the consensus estimate of $193.67 million.

Financial and Operating Highlights

• Net income attributable to common stockholders of $(0.11) per share for the first quarter of 2021 as compared to $1.51 per share for the same period in 2020. Net income attributable to common stockholders for the first quarter of 2020 included $72.3 million, or $0.90 per share, of net gains recognized from the sale of 315 West 33rd Street, also known as The Olivia, and $37.7 million, or $0.47 per share, of incremental income from Credit Suisse at One Madison Avenue.

For earnings history and earnings-related data on SL Green Realty (SLG) click here.

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