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

Vornado Realty Trust

02/11/2024 03:55

* Vornado Realty Trust  VNO.N   VNO  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)