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SL Green (SLG) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
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For the quarter ended September 2026, SL Green (SLG - Free Report) reported revenue of $165.55 million, up 10.6% over the same period last year. EPS came in at $1.59, compared to $0.34 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $176.83 million, representing a surprise of -6.38%. The company has not delivered EPS surprise, with the consensus EPS estimate being $1.59.
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- Rental revenue including Escalation and reimbursement revenues: $185.93 million versus the three-analyst average estimate of $182.9 million. The reported number represents a year-over-year change of +10.3%.
Revenues- Other income: $4.54 million compared to the $39.66 million average estimate based on two analysts. The reported number represents a change of -83.9% year over year.
Revenues- SUMMIT Operator revenue: $34.66 million versus $35.85 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +5.4% change.
Net Earnings Per Share (Diluted): $1.01 versus $-0.13 estimated by three analysts on average.
Shares of SL Green have returned -10.4% over the past month versus the Zacks S&P 500 composite's +1% 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.
View the Zacks #1 Rank List
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SL Green (SLG) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
For the quarter ended September 2026, SL Green (SLG - Free Report) reported revenue of $165.55 million, up 10.6% over the same period last year. EPS came in at $1.59, compared to $0.34 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $176.83 million, representing a surprise of -6.38%. The company has not delivered EPS surprise, with the consensus EPS estimate being $1.59.
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 -10.4% over the past month versus the Zacks S&P 500 composite's +1% 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.