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Stock impact report

SL Green Realty Corp. Reports First Quarter EPS of $1.47 Per Share; and FFO of $2.08 Per Share

SL Green Realty Corp (SLG) 
Last sl green realty corp earnings: 4/22 05:01 pm Check Earnings Report
US:NYSE Investor Relations: slgreen.gcs-web.com/investor-relations
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)-- SL Green Realty Corp. (NYSE:SLG):Financial and Operating HighlightsNet income attributable to common stockholders of $1.47 per share for the first quarter as compared to $0.52 per share for the same period in 2019. Net income attributable to common stockholders for the first quarter of 2020 includes $72.3 million, or $0.88 per share, of net gain recognized from the sale of The Olivia.Funds from operations, or FFO, of $2.08 per share for the first quarter, which includes the recognition of $37.7 million, or $0.46 per share, of incremental income from Credit Suisse at 1 Madison Avenue representing rent through December 31, 2020, offset by $11.2 million, or $0.14 per share, of reserves against the Company’s debt and preferred equity portfolio related to the potential sale of certain investments and the implementation of the Current Expected Credit Loss, or CECL, regulations. FFO for the same period in 2019 was $1.68 per share.The Company is revising its ea Show less Read more
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