Empire State Realty Trust reported its Q3 2021 financial results, with earnings per share of ($0.04) and Core FFO of $0.20 per fully diluted share. The Empire State Building Observatory saw increased revenue, and the company collected 95% of total billings.
Earnings was ($0.04) per fully diluted share.
Core Funds From Operations (“Core FFO”) was $0.20 per fully diluted share. Excluding lease termination fees, Core FFO would be $0.16 per fully diluted share.
Empire State Building Observatory revenue for the third quarter 2021 increased to $12.8 million, from $8.4 million in the second quarter 2021 as visitation continued to ramp up.
Collected 95% of third quarter 2021 total billings, stable and in-line with recent quarters.
No specific forward guidance provided in the release.
Visualization of income flow from segment revenue to net income
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