SL Green (SLG) reported $144.52 million in revenue for the quarter ended March 2025, representing a year-over-year increase of 12.7%. EPS of $1.40 for the same period compares to $0.20 a year ago.
The reported revenue represents a surprise of +2.74% over the Zacks Consensus Estimate of $140.66 million. With the consensus EPS estimate being $1.27, the EPS surprise was +10.24%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how SL Green performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Revenues- Investment income: $16.11 million compared to the $8.44 million average estimate based on four analysts. The reported number represents a change of +117.7% year over year.
- Revenues- Rental revenue including Escalation and reimbursement revenues: $163.02 million versus $157.37 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +15.2% change.
- Revenues- Other income: $22.20 million compared to the $20.73 million average estimate based on three analysts. The reported number represents a change of +66% year over year.
- Revenues- SUMMIT Operator revenue: $22.53 million versus the three-analyst average estimate of $26.63 million.
- Net Earnings Per Share (Diluted): -$0.30 versus the five-analyst average estimate of -$0.36.
View all Key Company Metrics for SL Green here>>>
Shares of SL Green have returned -9.9% over the past month versus the Zacks S&P 500 composite's -4.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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SL Green Realty Corporation (SLG): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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