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Sep 30, 2020
SL Green Q3 2020 Earnings Report
Reported EPS of $0.19 and FFO of $1.75 per share.
Key Takeaways
SL Green Realty Corp. reported a net income attributable to common stockholders of $13.9 million, or $0.19 per share, for the quarter ended September 30, 2020. FFO was $1.75 per share. The company ended the quarter with $1.56 billion in liquidity.
Net income attributable to common stockholders of $0.19 per share for Q3 2020 as compared to $0.40 per share for the same period in 2019.
Funds from operations, or FFO, of $1.75 per share for Q3 2020, which includes $24.3 million of income derived from a legal settlement offset by $4.1 million of related costs, equating to $0.26 per share, partially offset by $9.0 million, or $0.12 per share, of losses related to certain debt and preferred equity investments that were sold.
Reduced corporate debt and ended Q3 with $1.56 billion of liquidity.
Signed 33 Manhattan office leases covering 187,469 square feet in Q3 2020.
Revenue by Segment
Forward Guidance
This press release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and are intended to be covered by the safe harbor provisions thereof.
Revenue & Expenses
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Historical Earnings Impact
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Avg. Return Before/After Earnings
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