Empire State Realty Trust Inc - Class A logo

ESRT

Empire State Realty Trust Inc - Class A

$7.94

Earnings Summary

Revenue
$198.02Mn
Net Profits
$29.58Mn
Net Profit Margins
14.94%
PE Ratio
160

Highlights

Revenue:

Empire State Realty Trust Inc - Class A’s revenue jumped 29.08% since last year same period to $198.02Mn in the Q2 2022. On a quarterly growth basis, Empire State Realty Trust Inc - Class A has generated 20.72% jump in its revenue since last 3-months.

Net Profits:

Empire State Realty Trust Inc - Class A’s net profit jumped 846.23% since last year same period to $29.58Mn in the Q2 2022. On a quarterly growth basis, Empire State Realty Trust Inc - Class A has generated 388.89% jump in its net profits since last 3-months.

Net Profit Margins:

Empire State Realty Trust Inc - Class A’s net profit margin jumped 633.04% since last year same period to 14.94% in the Q2 2022. On a quarterly growth basis, Empire State Realty Trust Inc - Class A has generated 339.3% jump in its net profit margins since last 3-months.

PE Ratio:

Empire State Realty Trust Inc - Class A’s price-to-earnings ratio after this Q2 2022 earnings stands at 160.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Empire State Realty Trust Inc - Class A post its latest quarter earnings

EPS Estimate Current Quarter
0.06
EPS Estimate Current Year
0.06

Highlights

EPS Estimate Current Quarter:

Empire State Realty Trust Inc - Class A’s earning per share (EPS) estimates for the current quarter stand at 0.06 - a 50% jump from last quarter’s estimates.

EPS Estimate Current Year:

Empire State Realty Trust Inc - Class A’s earning per share (EPS) estimates for the current year stand at 0.06.

Key Ratios

Key ratios of the Empire State Realty Trust Inc - Class A post its Q2 2022 earnings

Earning Per Share (EPS)
0.18
Return on Assets (ROA)
0.01
Return on Equity (ROE)
0.01
Dividend Per Share (DPS)
0.14

Highlights

Earning Per Share (EPS):

Empire State Realty Trust Inc - Class A’s earning per share (EPS) jumped 1700% since last year same period to 0.18 in the Q2 2022. This indicates that the Empire State Realty Trust Inc - Class A has generated 1700% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Empire State Realty Trust Inc - Class A’s return on assets (ROA) stands at 0.01.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Empire State Realty Trust Inc - Class A’s return on equity (ROE) stands at 0.01.

Dividend Per Share (DPS):

Empire State Realty Trust Inc - Class A declared 0.14 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-05
-0.07
-0.07
0%
2022-08-04
0.04
0.18
350%

Company Information

Empire State Realty Trust, Inc. owns, manages, operates, acquires and repositions office and retail properties in Manhattan and the greater New York metropolitan area, including the Empire State Building, the “World's Most Famous Building.” The company's office and retail portfolio covers 10.1 million rentable square feet, as of Dec. 30, 2020, which consists of 9.4 million rentable square feet across 14 office properties, including nine in Manhattan, three in Fairfield County, Connecticut, and two in Westchester County, New York; as well as approximately 700,000 rentable square feet in the retail portfolio. Empire State Realty Trust is a leader in energy efficiency in the built environment and sustainability space, with 76 percent of the eligible portfolio ENERGY STAR certified and 100 percent fully powered by renewable wind electricity. As the first commercial real estate portfolio in the Americas to achieve the evidence-based, third-party verified WELL Health-Safety Rating for health and safety, ESRT additionally earned the highest possible GRESB 5 Star Rating and Green Star recognition for sustainability performance in real estate and was named a Fitwel Champion for healthy, high-performance buildings.

Organisation
Empire State Realty Trust Inc - Class A
Headquarters
New York, New York, US
Employees
755
Industry
Finance
CEO
Anthony Malkin