Investing.com - Empire State Realty reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Empire State Realty announced earnings per share of $0.03 on revenue of $183.71. Analysts polled by Investing.com anticipated EPS of $-0.02 on revenue of $179.46M.
Empire State Realty shares are up 102.69% from the beginning of the year and are trading at $7.25 , down-from-52-week-high.
Empire State Realty shares gained 3.87% in after-hours trade the report.
Empire State Realty follows other major Real Estate sector earnings this month
Empire State Realty's report follows an earnings beat by Prologis on Wednesday, October 19, 2022, who reported EPS of $1.36 on revenue of $1.75B, compared to forecasts EPS of $1.34 on revenue of $1.2B.
Crown Castle had missed expectations on Wednesday, October 19, 2022 with third quarter EPS of $0.97 on revenue of $1.57B, compared to forecast for EPS of $0.9763 on revenue of $1.73B.
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