NYSE$SLG
SL Green Realty Corp. · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
Reported EPS of $0.19 and FFO of $1.75 per share.
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.
Headline financials
Revenue & EPS history
SL Green · Revenue · Quarterly
$250M
Revenue by segment
SL Green · $250M total across 4 segments · Q3 2020
- Rental Revenue$174M—69.5%
- Other Income$31.3M—12.5%
- Investment Income$23M—9.2%
- Escalation & Reimbursements$22M—8.8%
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.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2020
-0.5%
Avg return
Earnings day
-0.3%
Avg return
5 days after
+0.0%
Avg return
30 days after
46%
32 / 69 earnings
Positive
+11.7%
Q2 2011
Best reaction
-12.4%
Q3 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.0% | +5.4% | +3.9% | |
| Q4 2025 | +2.3% | -3.2% | -15.4% | |
| Q3 2025 | -6.2% | -7.9% | -16.0% | |
| Q2 2025 | -0.4% | +0.7% | +20.6% | |
| Q1 2025 | +0.2% | +1.3% | +12.4% | |
| Q4 2024 | -2.1% | -4.4% | -6.6% | |
| Q3 2024 | +4.8% | +7.1% | +5.4% | |
| Q2 2024 | -3.9% | -2.1% | +0.7% | |
| Q1 2024 | +0.4% | +5.1% | +9.7% | |
| Q4 2023 | +2.8% | +4.9% | +1.9% | |
| Q3 2023 | -12.4% | -14.6% | -5.7% | |
| Q2 2023 | -1.2% | +6.5% | -5.2% | |
| Q1 2023 | +1.6% | -1.4% | -8.0% | |
| Q4 2022 | +1.0% | +6.6% | -3.2% | |
| Q3 2022 | -3.9% | -3.5% | +1.8% | |
| Q2 2022 | -1.6% | +0.1% | -0.4% | |
| Q1 2022 | +0.7% | +0.4% | -19.0% | |
| Q4 2021 | -5.5% | -2.1% | +8.4% | |
| Q3 2021 | +0.1% | +0.1% | +0.4% | |
| Q2 2021 | -2.7% | -2.7% | -8.7% | |
| Q1 2021 | -0.8% | +3.4% | +8.9% | |
| Q4 2020 | +3.1% | +0.7% | +5.6% | |
| Q3 2020 | -1.8% | -10.1% | +25.9% | |
| Q2 2020 | -0.1% | -2.2% | -1.6% | |
| Q1 2020 | +1.9% | +5.9% | -17.9% | |
| Q4 2019 | +1.9% | +0.3% | +1.1% | |
| Q3 2019 | -1.0% | -0.6% | +5.2% | |
| Q2 2019 | +1.9% | -1.8% | -3.3% | |
| Q1 2019 | -0.3% | -0.3% | -0.4% | |
| Q4 2018 | -2.3% | +1.5% | +4.5% | |
| Q3 2018 | -0.1% | -0.9% | +2.3% | |
| Q2 2018 | +1.4% | -0.6% | +5.6% | |
| Q1 2018 | -0.0% | -0.9% | -2.9% | |
| Q4 2017 | -0.7% | +1.4% | +0.5% | |
| Q3 2017 | -3.3% | -4.0% | -1.1% | |
| Q2 2017 | -2.1% | -1.3% | -6.6% | |
| Q1 2017 | -1.6% | -1.4% | -5.8% | |
| Q4 2016 | +0.6% | -0.3% | +2.2% | |
| Q3 2016 | -0.8% | -3.3% | -1.8% | |
| Q2 2016 | +2.0% | +4.3% | +4.1% | |
| Q1 2016 | +2.8% | — | — | |
| Q4 2015 | -9.5% | — | — | |
| Q3 2015 | +0.8% | — | — | |
| Q2 2015 | -1.6% | — | — | |
| Q1 2015 | -0.6% | — | — | |
| Q4 2014 | -0.5% | — | — | |
| Q3 2014 | +1.7% | — | — | |
| Q2 2014 | +0.1% | — | — | |
| Q1 2014 | +1.1% | — | — | |
| Q4 2013 | +0.9% | — | — | |
| Q3 2013 | +1.7% | — | — | |
| Q2 2013 | -2.8% | — | — | |
| Q1 2013 | +2.2% | — | — | |
| Q4 2012 | -1.8% | — | — | |
| Q3 2012 | -2.7% | — | — | |
| Q2 2012 | +1.9% | — | — | |
| Q1 2012 | +0.2% | — | — | |
| Q4 2011 | +0.5% | — | — | |
| Q3 2011 | -4.9% | — | — | |
| Q2 2011 | +11.7% | — | — | |
| Q1 2010 | +1.0% | — | — | |
| Q1 2011 | +2.4% | — | — | |
| Q4 2010 | +1.1% | — | — | |
| Q4 2008 | +1.1% | — | — | |
| Q3 2009 | -4.5% | — | — | |
| Q3 2010 | -4.5% | — | — | |
| Q4 2009 | -1.7% | — | — | |
| Q2 2010 | -1.7% | — | — | |
| Q2 2009 | -1.7% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro