Vornado Realty Q2 EPS $0.72 Down From $0.83 YoY, Sales $472.36M Beat $441.76M Estimate
Portfolio Pulse from sunil@benzinga.com
Vornado Realty reported Q2 earnings of $0.72 per share, a 13.25% decrease YoY. However, the company's quarterly sales of $472.36M beat the analyst consensus estimate of $441.76M by 6.93%, marking a 4.16% increase YoY.
July 31, 2023 | 8:58 pm
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Vornado Realty's Q2 earnings decreased YoY but sales beat estimates and increased YoY.
While Vornado Realty's Q2 earnings decreased YoY, the company's sales beat estimates and increased YoY. This mixed result could lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100