Sasol Projects Over 20% EPS Growth for FY25 Amidst Notable Revenue Growth

SL Green Realty reported Q2 2025 earnings that beat analyst estimates, with a loss per share of $0.16 and FFO per share declining 20.5% YoY. Revenue rose 8.6% to $241.9 million, and Manhattan office occupancy was 91.4%. Leasing momentum remained robust, with 46 new leases signed, totaling 541,721 square feet.

SL Green Realty Corp (SLG) reported its second-quarter 2025 earnings, which surpassed analyst estimates. The company reported a net loss of $0.16 per share, slightly missing the estimated EPS of -$0.14 [1]. However, the Funds from Operations (FFO) per share stood at $1.63, down 20.5% year-over-year (YoY) but still above the estimated FFO of $1.37 [2]. Total revenue for the quarter reached $241.9 million, an 8.6% increase from the same period in 2024 [1].

The company's Manhattan office occupancy rate remained strong at 91.4% as of June 30, 2025, with expectations to rise to 93.2% by year-end [1]. SL Green Realty signed 46 new Manhattan office leases totaling 541,721 square feet in Q2 2025, with a 2.4% increase in mark-to-market rents for replacement leases [1].

SL Green Realty Corp's strategic leasing activities and investment in high-value properties are crucial for maintaining its market position. The company's ability to maintain a high occupancy rate and achieve steady cash flow is vital for sustaining dividends and investor confidence [1].

The company's performance reflects the ongoing challenges in the Manhattan real estate market, with increased competition and fluctuating demand for office spaces. The company's strategic initiatives and financial resilience position it well to capitalize on future opportunities, but it must remain vigilant in addressing market challenges to ensure long-term success [1].

SL Green Realty Corp has revised its 2025 FFO per share guidance to $5.65 to $5.95, improving by 40 cents per share at the midpoint [2]. This guidance reflects incremental income generated by the company's debt and preferred equity portfolio.

References:
[1] https://www.gurufocus.com/news/2985645/sl-green-realty-corp-reports-q2-2025-earnings-eps-misses-at-016-revenue-surpasses-expectations-at-2419-million
[2] https://finance.yahoo.com/news/sl-greens-q2-ffo-beats-133000834.html