SL Green Realty Q3 FFO Up - Quick Facts

(RTTNews) - SL Green Realty Corp. (SLG) Wednesday said third-quarter funds from operations, or FFO, increased to $127.4 million or $1.34 per share from $104.8 million or $1.12 per share in the same period last year.

On average, 16 analysts polled by Thomson Reuters expected the company to report FFO of $1.28 per share for the quarter. Analysts' estimates typically exclude special items.

Earnings attributable to common stockholders increased to $37.0 million or $0.40 per share from $7.7 million or $0.09 per share last year.

Revenues increased to $363.8 million from $357.0 million last year. Analysts expected revenues of $287.85 million.

Looking ahead, the company has raised its full-year 2013 FFO outlook to a range of $5.12 to $5.16 per share from its previous guidance range of $4.90 to $5.00 per share. Analysts currently expect full-year FFO of $5.03 per share.