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Jun 30, 2021
Empire State Realty Trust Q2 2021 Earnings Report
Reported earnings of $0.01 per fully diluted share and Core FFO of $0.18 per fully diluted share, driven by observatory recovery and continued discipline.
Key Takeaways
Empire State Realty Trust reported its Q2 2021 results, with earnings of $0.01 per fully diluted share and Core FFO of $0.18 per fully diluted share. The company's observatory revenue increased significantly, and they reinstated their quarterly dividend.
Earnings was $0.01 per fully diluted share.
Core Funds From Operations (“Core FFO”) was $0.18 per fully diluted share.
Empire State Building Observatory revenue for the second quarter 2021 increased to $8.4 million, from $2.6 million in the first quarter 2021 as visitation continued to ramp up.
Reinstated quarterly dividend at $0.035 per share for the second quarter of 2021.
Revenue by Segment
Forward Guidance
No specific forward guidance provided in the document.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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