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.

Analyst Trends:

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.

Earnings Trends:

Here’s how Sl Green Realty has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
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

Past Performance:
Sl Green Realty has beat analyst estimates 1 time in the past four quarters. This is not consistent enough to get bullish yet.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)