Vornado Realty Trust VNO.N reported quarterly adjusted earnings of 6 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -10 cents. The mean expectation of three analysts for the quarter was for a loss of 4 cents per share. Wall Street expected results to range from -7 cents to -1 cents per share.
Revenue rose 2.4% to $453.70 million from a year ago; analysts expected $436.00 million.
Vornado Realty Trust's reported EPS for the quarter was 6 cents.
The company reported quarterly net income of $11.59 million.
Vornado Realty Trust shares had fallen by 6.4% this quarter and lost 9.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 0.6% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 7 "hold" and 4 "sell" or "strong sell." The average consensus recommendation for the commercial reits peer group is "buy."
Wall Street's median 12-month price target for Vornado Realty Trust is $41.50, about 9.1% above its last closing price of $37.72
This summary was machine generated from LSEG data November 3 at 10:44 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Sep. 30 2025 | 0.54 | 0.58 | Beat |
Jun. 30 2025 | 0.53 | 0.60 | Beat |
Mar. 31 2025 | 0.56 | 0.67 | Beat |
Dec. 31 2024 | 0.50 | 0.58 | Beat |