November 25, 2020
Business News

SL Green Realty Corp. Reports Third Quarter 2020 EPS of $0.19 Per Share; and FFO of $1.75 Per Share

NEW YORK–()–SL Green Realty Corp. (NYSE: SLG):

Financial and Operating Highlights

  • Net income attributable to common stockholders of $0.19 per share for the third quarter of 2020 as compared to $0.40 per share for the same period in 2019.
  • Funds from operations, or FFO, of $1.75 per share for the third quarter of 2020, which includes $24.3 million of income derived from a legal settlement offset by $4.1 million of related costs, equating to $0.26 per share, partially offset by $9.0 million, or $0.12 per share, of losses related to certain debt and preferred equity (“DPE”) investments that were sold. FFO for the same period in 2019 was $1.75 per share.
  • Reduced corporate debt and ended the third quarter with…

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