Brace yourselves for the unveiling of Empire State Realty Trust's (NYSE: ESRT) third quarter financial results on Monday 21st October 2024. This eagerly awaited announcement will take place after market close.
Wall Street financial experts are forecasting that the firm will announce an expected $0.24 profit per share for the quarter. Moreover, the firm is anticipated to disclose a total revenue of $193.69 million for this specific period.
Upon revisiting the corresponding quarter from the prior year, the company's earnings report demonstrated a per-share income of $0.25. This figure was attributed to the company's total revenue, which reached an impressive $151.46 million during that same period.
Wall Street analysts have offered their forecasts for the company's yearly performance, predicting a total revenue of $752.49 million. At the same time, they are expecting the company to achieve per share profit of $0.12 for the fiscal year ahead.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.24 | -7.7% | 152.47 M | -1.4% |
| Q1 2024 | $0.21 | +31.3% | 153.88 M | +9.8% |
| Q4 2023 | $0.25 | +13.6% | 151.17 M | +3.6% |
| Q3 2023 | $0.25 | +19.0% | 151.46 M | +2.1% |
| Q2 2023 | $0.26 | -10.3% | 154.60 M | +3.5% |
| *Growth on year-over-year basis | ||||
In addition, The firm will review the third quarter financial results on 22nd October 2024 at 12:00 PM eastern time, in a conference call with public.
Empire State Realty Trust (ESRT) shares experienced a range of $11.25 to $11.62 on a day volume of 1.81 million shares. The stock closed Thursday's regular trading session at $11.43, demonstrating a 1.06 percent increase.
