SL Green Realty Corp. Reports Strong Financial Performance and Increases 2024 Earnings Guidance
SL Green Realty Corp. reports positive financial results for the second quarter of 2024, with an EPS of ($0.04) per share and increased FFO of $2.05 per share. The company raises its 2024 earnings guidance, showcasing growth and performance. With a strong real estate portfolio and SUMMIT One Vanderbilt, SL Green Realty Corp. expects FFO per share to be between $7.45 and $7.75 for the year ending December 31, 2024. The company remains optimistic despite a slight decrease in same-store cash NOI, with Manhattan office occupancy increasing to 89.6% as of June 30, 2024.