$Vornado Realty Trust(VNO-N)$ (VNO) reported Q4 non-GAAP funds from operations late Monday of $0.61 per diluted share, down from $0.63 a year earlier.
Analysts polled by FactSet expected $0.51.
Revenue for the three months ended Dec. 31 rose to $457.8 million from $441.9 million a year earlier.
Analysts surveyed by FactSet expected $448.9 million.