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SL Green (SLG) Matches Q3 FFO Estimates

Zacks Investment Research·
SL Green (SLG) Matches Q3 FFO Estimates

SL Green reported quarterly FFO of $1.59 per share, matching consensus estimates but missing revenue expectations at $165.55 million. The REIT has underperformed the S&P 500 year-to-date, gaining 2.5% versus the market's 12.7%. With a Zacks Rank #3 (Hold) rating, the stock is expected to perform in line with the market. Creative Media & Community Trust is expected to report a quarterly loss of $1.02 per share with declining revenues.

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