secwatch.observer — SEC 8-K summary
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Issuer:     Empire State Realty Trust, Inc. (ESRT)
CIK:        0001541401
Form:       8-K
Filed at:   2022-04-27T23:59:59+00:00
Accession:  0001193125-22-123718
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Empire State Realty Trust Q1 Core FFO $0.18/sh, guides FY 2022 Core FFO $0.73-$0.78
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- Net loss attributable to common stockholders per diluted share ($0.07); Core FFO $0.18 vs $0.15 prior year.
- Same-Store Cash NOI ex lease term fees up 0.9% YoY; portfolio 87.0% leased (Manhattan office 88.6%).
- Signed 318,646 SF of leases including 70,600 SF new lease with Progyny, Inc.
- Observatory revenue $13.2M, NOI $7.0M; visitation at 45% of 2019 Q1 levels, rising to 60% range in April.
- 2022 Core FFO guidance $0.73-$0.78 per diluted share; $1.3B liquidity, no debt maturity until Nov 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1541401/000119312522123718/0001193125-22-123718-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1541401/000119312522123718/d283735d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-123718

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