SL Green Realty

Q2 FY2026 EarningsQ2 FY2026 results significantly beat market consensus on the top line, with total revenue of $264.0M exceeding the expected $191.9M. Although GAAP EPS of ($0.38) remained in negative territory, it outperformed the consensus estimate of ($0.54), driven by robust Manhattan leasing activity (445k sq. ft. signed) and an 18.0% mark-to-market rent increase. Crucially, management raised full-year FY2026 FFO guidance to $5.60–$5.90 (vs. prior $4.40–$4.70), citing higher portfolio NOI and incremental income from One Vanderbilt.