Vornado reported quarterly FFO of $0.52 per share, exactly in line with the Zacks Consensus Estimate, versus $0.63 per share a year ago. The result is essentially neutral: no earnings surprise, but FFO declined 17.5% year over year. The update is relevant to real estate investors but is unlikely to drive a large market move on its own.
Vornado reported quarterly FFO of $0.52 per share, exactly in line with the Zacks Consensus Estimate, versus $0.63 per share a year ago. The result is essentially neutral: no earnings surprise, but FFO declined 17.5% year over year. The update is relevant to real estate investors but is unlikely to drive a large market move on its own.
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neutral
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0.05
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