SL Green (SLG) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Group 1 - SL Green reported $144.52 million in revenue for Q1 2025, a year-over-year increase of 12.7% and a surprise of +2.74% over the Zacks Consensus Estimate of$ 140.66 million [1] - The EPS for the same period was $1.40, compared to$ 0.20 a year ago, resulting in an EPS surprise of +10.24% against the consensus estimate of $1.27 [1] - The stock has returned -9.9% over the past month, while the Zacks S&P 500 composite has changed by -4.2%, with a current Zacks Rank of 3 (Hold) [3] Group 2 - Investment income was reported at$ 16.11 million, exceeding the average estimate of $8.44 million by four analysts, representing a year-over-year change of +117.7% [4] - Rental revenue, including escalation and reimbursement revenues, was$ 163.02 million, compared to the estimated $157.37 million by three analysts, reflecting a +15.2% change year-over-year [4] - Other income was reported at$ 22.20 million, surpassing the average estimate of $20.73 million by three analysts, with a year-over-year increase of +66% [4] - SUMMIT Operator revenue was$ 22.53 million, below the three-analyst average estimate of $26.63 million [4] - Net Earnings Per Share (Diluted) was -$ 0.30, compared to the average estimate of -$0.36 from five analysts [4]