05:07 PM EDT, 07/17/2024 (MT Newswires) -- SL Green Realty ( SLG/PI ) reported Q2 funds from operations late Wednesday of $2.05 per diluted share, up from $1.43 a year earlier.
Analysts polled by Capital IQ expected $1.66.
Revenue for the quarter ended June 30 was $222.8 million, down from $246 million a year earlier. Four analysts surveyed by Capital IQ expected $144.1 million.
For 2024, the company said it now expects FFO per share of $7.45 to $7.75, up from its prior guidance of $7.35 to $7.65. Analysts polled by Capital IQ expect $7.47.
The shares of the company were up nearly 2% in after-hours activity.
Price: 61.50, Change: -0.18, Percent Change: -0.29