SL Green Realty Q3 2024 Adj. EPS $(0.21) Beats $(0.50) Estimate, Sales $229.691M Beat $142.537M Estimate
Portfolio Pulse from Benzinga Newsdesk
SL Green Realty reported better-than-expected Q3 2024 results with an adjusted EPS of $(0.21), beating the estimate of $(0.50), and sales of $229.691 million, surpassing the $142.537 million estimate. Sales increased by 74.64% compared to the same period last year.
October 16, 2024 | 8:20 pm
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SL Green Realty's Q3 2024 results exceeded expectations with an adjusted EPS of $(0.21) and sales of $229.691 million, significantly beating analyst estimates. This performance indicates strong operational execution and could positively influence the stock price.
SL Green Realty's better-than-expected earnings and sales figures suggest strong business performance. The significant beat on both EPS and sales estimates, along with a substantial year-over-year sales increase, is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100