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Vornado Realty Trust Q2 Adjusted FFO, Revenue Decline
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Vornado Realty Trust Q2 Adjusted FFO, Revenue Decline
Aug 5, 2024 2:18 PM

04:50 PM EDT, 08/05/2024 (MT Newswires) -- Vornado Realty Trust ( VNO ) reported Q2 adjusted funds from operations late Monday of $0.57 per diluted share, down from $0.72 a year earlier.

Analysts polled by Capital IQ expected an FFO of $0.53.

Revenue in the quarter ended June 30 fell to $450.3 million from $472.4 million a year earlier. Three analysts surveyed by Capital IQ expected $436.9 million.

Shares of the company were up 2.4% in after-hours trading.

Price: 27.92, Change: +0.65, Percent Change: +2.38

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