SL Green Realty Earnings: Your Sneak Peek to the Big Announcement
SL Green Realty (NYSE:SLG) will report earnings after markets close on Wednesday, July 24th. SL Green Realty Corp. is a fully integrated, self-administered and self-managed real estate investment trust. The Trust is exclusively focused on owning and operating office buildings in Manhattan.
Here is your Cheat Sheet to Sl Green Realty Earnings:
Earnings Expectations: Analysts expect earnings of $1.26 per share on revenues of $288.53 million. Currently, the company’s P/E ratio stands at 56.61.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $1.23 to a profit $1.26. For the current year, the average estimate is a profit of $4.99, which is better than the estimate ninety days ago.
Here’s how Sl Green Realty has been performing on an annual basis:
|Revenue ($) in millions||1,117||1,011||1,101||1,263||1,400|
|Diluted EPS ($)||6.69||0.54||3.45||7.33||1.74|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||349.01||361.44||350.73||369.97|
|Diluted EPS ($)||1.14||0.09||0.22||0.21|
Sl Green Realty has beat analyst estimates 1 time in the past four quarters. This is not consistent enough to get bullish yet.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)