Empire State Realty Trust Q2 EPS $0.26 Down From $0.29 YoY, Sales $154.60M Up From $149.34M YoY
Portfolio Pulse from vinayak@benzinga.com
Empire State Realty Trust (NYSE:ESRT) reported Q2 earnings of $0.26 per share, a 10.34% decrease YoY. However, the company's sales increased by 3.52% to $154.60 million compared to the same period last year.
July 26, 2023 | 8:24 pm
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NEUTRAL IMPACT
Empire State Realty Trust's Q2 earnings per share decreased by 10.34% YoY, while sales increased by 3.52%.
The decrease in earnings per share might negatively impact the stock price. However, the increase in sales could offset this impact, leading to a neutral short-term price direction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100