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Mar 31, 2023
SL Green Q1 2023 Earnings Report
Reported a net loss attributable to common stockholders of $0.63 per share and FFO of $1.53 per share.
Key Takeaways
SL Green Realty Corp. reported a net loss attributable to common stockholders of $39.7 million, or $0.63 per share, for the quarter ended March 31, 2023, compared to a net income of $7.8 million, or $0.11 per share, for the same quarter in 2021. The company's FFO was $1.53 per share, compared to $1.65 per share for the same period in 2022. Same-store cash NOI increased by 5.3%, excluding lease termination income.
Net loss attributable to common stockholders was $0.63 per share.
FFO was $1.53 per share.
Signed 41 Manhattan office leases covering 504,682 square feet.
Same-store cash NOI increased by 5.3%, excluding lease termination income.
Revenue by Segment
Forward Guidance
The Company reaffirms its stated objective to increase Manhattan same-store office occupancy, inclusive of leases signed but not yet commenced, to 92.4% by December 31, 2023.
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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