SL Green Realty Q2 FFO Down - Quick Facts

(RTTNews) - SL Green Realty Corp. (SLG) Wednesday said second-quarter funds from operations, or FFO, decreased to $120.5 million or $1.27 per share from $179.0 million or $1.92 per share in the same quarter last year.

On average, 17 analysts polled by Thomson Reuters expected the company to earn $1.26 per share for the quarter. Analysts' estimates typically exclude special items.

Net income attributable to common stockholders plunged to $8.3 million or $0.09 per share from $103.0 million or $1.14 per share last year.

Revenues totaled $365.1 million, up from $344.5 million last year. Analysts expected revenues of $288.48 million.