Vornado Realty Trust expected to post a loss of 10 cents a share - Earnings Preview

Reuters
2024-11-02

* $Vornado Realty Trust(VNO-N)$ is expected to show a fall in quarterly revenue when it reports results on November 4 for the period ending September 30 2024

* The New York City-based company is expected to report a 0.7% decrease in revenue to $447.908 million from $451 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data. (SAL represents Total Revenue)

* ​LSEG's mean analyst estimate for Vornado Realty Trust is for a loss of 10 cents per share.

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 7 "hold" and 5 "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for Vornado Realty Trust is 36.00​, below​ its last closing price of $41.23. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jan. 1 0001 0.53 0.54 0.76 Beat 41

Mar. 31 0001 0.56 0.58 0.53 Missed -8

Dec. 31 2023 0.60 0.60 0.62 Beat 2.9​

Sep. 30 2023 0.66 0.65 0.66 Beat 1.3

​​Jun. 0.63 0.63 0.74 Beat 17.2

30 2023

Jan. 1 0001 0.62 0.62 0.61 Missed -1.3​

Dec. 31 2022 0.68 0.91 34

Jan. 1 0001 0.73 0.74 0.81 Beat 10.1

This summary was machine generated November 2 at 03:55 GMT. 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)

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