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Dec 31, 2021
Empire State Realty Trust Q4 2021 Earnings Report
Reported earnings of ($0.02) per fully diluted share and Core FFO of $0.18 per fully diluted share.
Key Takeaways
Empire State Realty Trust reported its Q4 2021 results, with earnings per share of ($0.02) and Core FFO of $0.18 per fully diluted share. The Empire State Building Observatory saw a revenue increase of over 38% compared to the previous quarter, reaching $17.7 million. The company completed the recapitalization of two Manhattan multifamily assets and repurchased $41.7 million of common stock.
Earnings of ($0.02) per fully diluted share.
Core Funds From Operations (“Core FFO”) of $0.18 per fully diluted share.
Empire State Building Observatory revenue increased over 38% to $17.7 million.
Repurchased $41.7 million of common stock.
Revenue by Segment
Forward Guidance
The Company has provided a hypothetical Observatory admissions forecast for 2022 updated for Omicron-related disruptions in the new investor presentation posted on its website.
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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