earnings
confidence high
sentiment negative
materiality 0.70
SL Green Q4 net loss $1.01/sh; FFO $1.46 vs $1.52 YoY; occupancy 91.2%
SL GREEN REALTY CORP
2022-FY EPS reported
-$1.49
revenue$826,739,000
- Net loss attributable to common stockholders $64.3M ($1.01/sh) vs loss of $51.3M ($0.82/sh) in Q4 2021.
- FFO per share $1.46, down from $1.52 in prior year; full-year FFO $6.64 vs $6.63.
- Same-store cash NOI (incl. JV share) up 3.3% in Q4, 4.6% full year, excluding lease termination income.
- Signed 33 Manhattan office leases (196,421 sq ft) with mark-to-market down 4.7% on replacement leases.
- Sold 885 Third Avenue condominium units to MSK for $300.4M; floating rate debt reduced to 9.1% of total.