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More on Empire State Realty's Q4 beat

Feb. 22, 2016 4:18 PM ETEmpire State Realty Trust, Inc. (ESRT) StockESRTBy: Stephen Alpher, SA News Editor
  • Q4 core FFO of $66.2M or $0.25 per share vs. $65.2M and $0.25 one year ago. Full-year core FFO of $0.97 per share vs. $0.86 in 2014.
  • Total portfolio of 10.1M square feet of office and retail space was 87.3% occupied, down 10 basis points from Q3 and 130 bps Y/Y. Office portfolio of 9.3M square feet was 86.7% occupied, down 30 bps Q/Q, down 150 bps Y/Y. Manhattan office portfolio of 7.5M square feet was 84.9% occupied, down 50 bps Q/Q, down 260 bps Y/Y.
  • Conference call tomorrow at 8:30 ET
  • Previously: Empire State Realty Trust beats by $0.02, beats on rental revenue (Feb. 22)
  • ESRT flat after hours

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