Vornado Realty Trust expected to post a loss of 6 cents a share - Earnings Preview

Vornado Realty Trust

28/04/2023 22:52

* Vornado Realty Trust  VNO.N   VNO  is expected to show a
rise in
quarterly revenue when it reports  results on May 1. 
    * The New York City-based  company is expected to report  a
2.1% increase in revenue to $451.567 million from $442.13
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Vornado Realty
Trust is
for a loss of 6 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 7
"hold" and 6 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.3%
in the last three months. ​
    * Wall Street's median 12-month price target for Vornado
Realty
Trust is $18​, above​ its last closing price of $15.01. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.68        0.68       0.91      Beat    34
 Sep. 30 2022  0.73        0.74       0.81      Beat    10.1
 Jun. 30 2022  0.78        0.78       0.80      Beat    2.4​
 Mar. 31 2022  0.76        0.77       0.80      Beat    4.6
 ​​Dec.        0.73        0.74       0.73      Missed  -1.3
 31 2021                                                
 Sep. 30 2021  0.73        0.74       0.82      Beat    11.2​
 Jun. 30 2021  0.70        0.71       0.80      Beat    13.3
 Mar. 31 2021  0.65        0.66       0.62      Missed  -5.7
 This summary was machine generated April 28 at 21:52 GMT.  All
figures in US dollars  unless otherwise stated