Empire State Realty Trust Q3 Core FFO $0.25, raises 2023 guidance to $0.85-$0.87

Empire State Realty Trust, Inc.

2023-Q3 EPS reported $0.25 revenue$546,690,000

Q3 net income $0.07 per share; Core FFO $0.25 per share.
2023 Core FFO guidance raised to $0.85-$0.87 per share; same-store property cash NOI outlook improved.
Manhattan office leased rate 91.9% (+30bps QoQ, +250bps YoY); signed 248K sq ft (LinkedIn, Starbucks).
Observatory NOI $28.1M (+14% YoY); acquired Williamsburg retail for $26.4M via 1031 exchange.
Liquidity $1.2B, no floating-rate debt, no maturities until Nov 2024; net debt/EBITDA 5.5x.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Empire State Realty Trust, Inc. reported third quarter 2023 results: net income $0.07 per share, EPS $0.07 per share. Guidance raised.

Period: third quarter 2023
Net income: $0.07 per share
EPS: $0.07 per share
Guidance: raised
Result: reported results

Exact text from the filing

On October 25, 2023, Empire State Realty Trust, Inc. (the “Company” or “we”) issued a press release announcing its financial results for the third quarter 2023.

View on SEC.gov

Browse all earnings releases →

Empire State Realty Trust, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-23-263083

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.