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Compared to Estimates, SL Green (SLG) Q2 Earnings: A Look at Key Metrics
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SL Green (SLG - Free Report) reported $171.85 million in revenue for the quarter ended June 2026, representing a year-over-year increase of 16.5%. EPS of $1.43 for the same period compares to -$0.16 a year ago.
The reported revenue represents a surprise of +0.21% over the Zacks Consensus Estimate of $171.48 million. With the consensus EPS estimate being $1.19, the EPS surprise was +20.17%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how SL Green performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenues- SUMMIT Operator revenue: $31.51 million versus $33.8 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +1.6% change.
Revenues- Other income: $3.78 million versus $26.65 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -79.4% change.
Net Earnings Per Share (Diluted): $-0.38 versus the three-analyst average estimate of $-0.56.
Shares of SL Green have returned +1.4% over the past month versus the Zacks S&P 500 composite's +0.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Compared to Estimates, SL Green (SLG) Q2 Earnings: A Look at Key Metrics
SL Green (SLG - Free Report) reported $171.85 million in revenue for the quarter ended June 2026, representing a year-over-year increase of 16.5%. EPS of $1.43 for the same period compares to -$0.16 a year ago.
The reported revenue represents a surprise of +0.21% over the Zacks Consensus Estimate of $171.48 million. With the consensus EPS estimate being $1.19, the EPS surprise was +20.17%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how SL Green performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for SL Green here>>>
Shares of SL Green have returned +1.4% over the past month versus the Zacks S&P 500 composite's +0.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.