Vornado (VNO) Surpasses Q3 FFO and Revenue Estimates
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Vornado (VNO) reported Q3 funds from operations (FFO) of $0.52 per share, surpassing the Zacks Consensus Estimate of $0.51. However, this is a decrease from the $0.66 per share reported a year ago.
November 05, 2024 | 12:30 pm
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Vornado (VNO) exceeded Q3 FFO estimates with $0.52 per share, slightly above the expected $0.51, but down from $0.66 a year ago. This mixed result may influence short-term stock movements.
Vornado's Q3 FFO exceeded expectations, which is positive, but the year-over-year decline from $0.66 to $0.52 may concern investors. The mixed results could lead to neutral short-term stock price movements.
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