SL Green (SLG) Tops Q2 FFO and Revenue Estimates

分组1 - SL Green reported quarterly funds from operations (FFO) of $2.05 per share, exceeding the Zacks Consensus Estimate of $1.62 per share, and up from $1.43 per share a year ago, representing a 26.54% surprise [1] - The company posted revenues of $135.56 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 3.31%, but down from $165.65 million year-over-year [2] - SL Green shares have increased approximately 40% since the beginning of the year, outperforming the S&P 500's gain of 18.8% [4] 分组2 - The current consensus FFO estimate for the coming quarter is $1.43 on revenues of $133.88 million, and for the current fiscal year, it is $7.51 on revenues of $527.92 million [8] - The estimate revisions trend for SL Green is mixed, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market in the near future [7] - The REIT and Equity Trust - Other industry is currently in the bottom 40% of Zacks industries, which may impact stock performance [9]