Apr. 16 at 8:20 PM
$SLG SL Green Realty reports Q1 FFO
$1.40, consensus
$1.27
Reports Q1 rental revenue
$144.52M, consensus
$140.66M. The company said, "The Company reported FFO for the quarter ended March 31, 2025 of
$106.5 million or
$1.40 per share, inclusive of
$25.0 million, or
$0.33 per share, of income related to the expected resolution of a commercial mortgage investment and net of
$3.1 million, or
$0.04 per share, of negative non-cash fair value adjustments on mark-to-market derivatives.
The Company reported FFO of
$215.4 million, or
$3.07 per share, for the same period in 2024, which included
$141.7 million, or
$2.02 per share, of gain on discounted debt extinguishment at 2 Herald Square and
$5.1 million, or
$0.07 per share, of positive non-cash fair value adjustments on mark-to-market derivatives."
