ESRT reaffirms 2026 guidance with core FFO range of $0.75-$0.79 and steady occupancy assumptions.
Empire State Realty Trust (ESRT) updated its 2026 core funds from operations (FFO) guidance to $0.75-$0.79 per share. The company maintained its year-end occupancy assumption at 90%-92%, reflecting stable demand across its property portfolio.
Management noted strong performance in most assets but highlighted underperformance at the Empire State Building observation deck. The guidance aligns with prior expectations and follows consistent operational trends in recent quarters.
No immediate market reaction was disclosed in the earnings call summary.