Empire State Realty Trust (ESRT) News Today

Empire State Realty Trust, Inc. (NYSE: ESRT) had mixed Q3 news: a stronger full-year outlook and office leasing momentum are supportive, while weaker core FFO and subdued Empire State Building visitation remain concerns.

• Positive Sentiment: ESRT raised its full-year FFO outlook and issued 2026 EPS guidance of $0.77–$0.80, versus the $0.77 consensus estimate. The improved outlook may help offset softer quarterly results. Empire State Realty Trust Q3 Earnings Lift FFO Guidance As Tourism Slows
• Positive Sentiment: Leasing activity provided another favorable signal: architecture firm Corgan expanded to 41,000 square feet at the Empire State Building, and Octaura signed for 28,914 square feet at 111 W. 33rd Street. Corgan Expands at Empire State Building ESRT Signs Octaura Lease
• Positive Sentiment: The company earned the top GRESB management score among 529 ranked companies in the Americas and its seventh consecutive five-star rating, supporting its sustainability credentials. ESRT GRESB Recognition
• Negative Sentiment: Quarterly performance was softer: reports said core FFO and revenue declined; ESRT reported $193.05 million in revenue and $0.20 in EPS. Lower tourism and continued low observation-deck visits could weigh on that business. ESRT Q3 Core FFO and Revenue Decline ESRT Q3 Office Activity and Building Visits