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Sep 30, 2024
Empire State Realty Trust Q3 2024 Earnings Report
Announced third quarter 2024 results, featuring net income per fully diluted share of $0.08 and core FFO per fully diluted share of $0.26.
Key Takeaways
Empire State Realty Trust reported its Q3 2024 results, with key highlights including a net income per fully diluted share of $0.08, core FFO per fully diluted share of $0.26, and the signing of 304,000 rentable square feet of leases. The company also closed on $143 million of a $195 million retail acquisition in Williamsburg, Brooklyn, and announced an agreement to acquire an additional retail asset in the same area.
Net income per fully diluted share was $0.08.
Core FFO per fully diluted share was $0.26.
Signed 304,000 rentable square feet of leases.
Closed on $143 million of previously announced $195 million retail acquisition in Williamsburg, Brooklyn.
Revenue by Segment
Forward Guidance
The Company provides 2024 guidance and key assumptions, as summarized in the table below. The Company’s guidance does not include the impact of any significant future lease termination fee income or any unannounced acquisition, disposition or other capital markets activity.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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