Empire State Realty Trust's Earnings Outlook

Empire State Realty Trust ESRT is set to give its latest quarterly earnings report on Wednesday, 2022-04-27. Here's what investors need to know before the announcement.

Analysts estimate that Empire State Realty Trust will report an earnings per share (EPS) of $-0.07.

Empire State Realty Trust bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Here's a look at Empire State Realty Trust's past performance and the resulting price change:

Stock Performance

Shares of Empire State Realty Trust were trading at $8.85 as of April 25. Over the last 52-week period, shares are down 21.7%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.

To track all earnings releases for Empire State Realty Trust visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.