Empire State Realty Trust Q3 Core FFO falls to $0.20; 2026 outlook raised
Empire State Realty Trust reported third-quarter 2026 diluted earnings of $0.02 per share, down from $0.05 a year earlier, and Core FFO of $0.20 per share, down from $0.23. The company raised its 2026 Core FFO range to $0.77 to $0.80 per share from $0.75 to $0.79, citing the $217.5 million sale of 1359 Broadway and $85.8 million of share repurchases since the second-quarter call.
Key points
- Q3 2026 total revenues were $193.1 million, compared with $197.7 million in Q3 2025; Observatory revenue fell to $26.8 million from $36.0 million.
- Q3 2026 diluted EPS was $0.02 versus $0.05; diluted Core FFO per share was $0.20 versus $0.23.
- 2026 Core FFO per share guidance was raised to $0.77 to $0.80 from $0.75 to $0.79.
- Nine-month 2026 net loss per diluted share was $(0.13), including a $166.1 million goodwill impairment charge.
The filing
Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 02, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.