SL Green Realty Corp. Q4 Loss increases, misses estimates

SL Green Realty Corp. (SLG) revealed Loss for its fourth quarter that increased from last year and missed the Street estimates.

The company's bottom line totaled -$64.28 million, or -$1.01 per share. This compares with -$51.27 million, or -$0.82 per share, in last year's fourth quarter.

Analysts on average had expected the company to earn $0.01 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 15.6% to $224.87 million from $194.58 million last year.

SL Green Realty Corp. earnings at a glance (GAAP) :

-Earnings (Q4): -$64.28 Mln. vs. -$51.27 Mln. last year.
-EPS (Q4): -$1.01 vs. -$0.82 last year.
-Analyst Estimate: $0.01
-Revenue (Q4): $224.87 Mln vs. $194.58 Mln last year.

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