Post-earnings recap
Reported
Wed, Jul 24, 2013
Est. EPS
—
Est. revenue
—
Implied move
—
EPS beat rate
75%
—
Est. EPS
—
Est. Rev
—
Impl. Move
—
The earnings report shows that SL Green Realty Corp exceeded expectations on EPS, which is a positive sign for the company's profitability. However, the stock fell by 2.19% in reaction to the broader market concerns and the lack of revenue data. Investors may be cautious given the absence of guidance and potential economic challenges ahead.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $1.42 | N/A | +11.64% |
| Revenue | N/A | N/A | N/A |
Overall, management expressed confidence in their current portfolio's performance. However, they acknowledged potential headwinds ahead.
Management highlighted strong performance in leasing activity.
They noted ongoing challenges in the broader economic environment.