Investing.com - SL Green reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
SL Green announced earnings per share of $0.11 on revenue of $142.96. Analysts polled by Investing.com anticipated EPS of $0.09 on revenue of $148.98M.
SL Green shares are down 22% from the beginning of the year, still down 56.26% from its 52 week high of $85.15 set on January 13.
SL Green shares gained 1.37% in after-hours trade following the report.
SL Green follows other major Real Estate sector earnings this month
SL Green's report follows an earnings beat by Prologis on Wednesday, who reported EPS of $1.36 on revenue of $1.75B, compared to forecasts EPS of $1.34 on revenue of $1.2B.
Crown Castle had missed expectations on Wednesday with third quarter EPS of $0.97 on revenue of $1.57B, compared to forecast for EPS of $0.98 on revenue of $1.73B.
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