SL Green Realty Q2 2024 Adj EPS $(0.04) Beats $(0.13) Estimate, Sales $222.82M Beat $149.28M Estimate
Portfolio Pulse from Benzinga Newsdesk
SL Green Realty (NYSE:SLG) reported Q2 2024 adjusted EPS of $(0.04), beating the estimate of $(0.13). Sales were $222.82M, surpassing the $149.28M estimate and showing a 34.51% increase from last year.
July 17, 2024 | 8:28 pm
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POSITIVE IMPACT
SL Green Realty reported better-than-expected Q2 2024 results with an adjusted EPS of $(0.04) and sales of $222.82M, significantly beating analyst estimates. This performance indicates strong operational execution and could positively impact the stock price in the short term.
The company's better-than-expected earnings and revenue figures, along with a significant year-over-year sales increase, suggest strong operational performance. This is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100