---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-044423"
form_type: "8-K"
ticker: "ESRT"
cik: "0001541401"
company_name: "Empire State Realty Trust, Inc."
filed_at: "2022-02-16T23:59:59+00:00"
generated_at: "2026-06-27T07:29:58.126330+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Empire State Realty Trust Q4 2021 EPS ($0.02), Core FFO $0.18, observatory revenue up 38%

## Summary
- EPS ($0.02) per diluted share; Core FFO $0.18; full-year Core FFO $0.70 per share.
- Same-store cash NOI (ex lease fees) down 4.9% YoY; portfolio occupied 82.4%, leased 85.7%.
- Observatory revenue $17.7M (+38% QoQ), NOI $10.7M; 360k visitors vs 255k in Q3 2021.
- Recapitalized 625 multifamily units for $307M (incl. $186M debt); ESRT retains 90% interest.
- Repurchased $41.7M stock at $9.46/shr; $1.3B liquidity, no debt maturities until Nov 2024.

## SEC filing metadata
- accession: 0001193125-22-044423
- form_type: 8-K
- ticker: ESRT
- cik: 0001541401
- company_name: Empire State Realty Trust, Inc.
- filed_at: 2022-02-16T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1541401/000119312522044423/0001193125-22-044423-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1541401/000119312522044423/d511127d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-044423
- JSON: https://secwatch.observer/filing/0001193125-22-044423.json
- Plain text: https://secwatch.observer/filing/0001193125-22-044423.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.