financetom
Business
financetom
/
Business
/
Empire State Realty Trust Q3 Core FFO, Revenue Increase; Shares Rise After Hours
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Empire State Realty Trust Q3 Core FFO, Revenue Increase; Shares Rise After Hours
Oct 22, 2024 12:03 PM

05:04 PM EDT, 10/21/2024 (MT Newswires) -- Empire State Realty Trust ( ESRT ) reported Q3 core funds from operations late Monday of $0.26 per diluted share, up from $0.25 a year earlier.

Analysts polled by Capital IQ expected FFO of $0.24 per share.

Revenue for the quarter ended Sept. 30 was $199.6 million, compared with $191.5 million a year earlier.

Two analysts surveyed by Capital IQ expected $194.8 million.

The company narrowed its 2024 core FFO guidance to between $0.92 and $0.94 per share, against the previous outlook of $0.90 to $0.94 per share. Analysts polled by Capital expect FFO of $0.93.

Shares of Empire State Realty Trust ( ESRT ) were up 5% in after-hours activity.

Price: 11.77, Change: +0.56, Percent Change: +5.00

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Hundreds of air traffic controllers take second jobs as shutdown continues
Hundreds of air traffic controllers take second jobs as shutdown continues
Oct 28, 2025
ARLINGTON, Virginia (Reuters) -Hundreds of U.S. air traffic controllers have taken temporary second jobs as they miss their first full pay check on Tuesday, putting more pressure on the strained aviation safety system, a union official said Tuesday. National Air Traffic Controllers Association President Nick Daniels told reporters at Reagan Washington National Airport that the number would rise as more...
Hundreds of air traffic controllers take second jobs as shutdown continues
Hundreds of air traffic controllers take second jobs as shutdown continues
Oct 28, 2025
ARLINGTON, Virginia, Oct 28 (Reuters) - Hundreds of U.S. air traffic controllers have taken temporary second jobs as they miss their first full pay check on Tuesday, putting more pressure on the strained aviation safety system, a union official said Tuesday. National Air Traffic Controllers Association President Nick Daniels told reporters at Reagan Washington National Airport that the number would...
Berlin says talks to permanently stave off U.S. sanctions against Rosneft assets continue
Berlin says talks to permanently stave off U.S. sanctions against Rosneft assets continue
Oct 28, 2025
FRANKFURT, Oct 28 (Reuters) - Germany's economy ministry said on Tuesday that it was continuing talks with the U.S. government to prevent sanctions directed against Russia from hitting the German business of Russia's Rosneft. A Letter of Comfort issued by President Donald Trump's administration would for now provide assurance on the exemptions for the assets, held under German state trusteeship,...
NXP Semiconductors Completes Acquisitions of Aviva Links and Kinara
NXP Semiconductors Completes Acquisitions of Aviva Links and Kinara
Oct 28, 2025
09:30 AM EDT, 10/28/2025 (MT Newswires) -- NXP Semiconductors ( NXPI ) said Tuesday it has completed the acquisitions of Aviva Links and Kinara to expand its automotive connectivity and artificial intelligence edge products. The company said it closed the acquisition of Aviva Links on Oct. 24 for $243 million in cash and the purchase of Kinara on Monday for...
Copyright 2023-2026 - www.financetom.com All Rights Reserved