Vornado Realty Trust expected to post breakeven results a share - Earnings Preview

Vornado Realty Trust

09/02/2024 21:37

* Vornado Realty Trust  VNO.N   VNO  is expected to show a
rise in
quarterly revenue when it reports  results on February 12 for
the period ending December 31 2023
    * The New York City-based  company is expected to report a
1.8% increase in revenue to $454.995 million from $446.94
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data. (SAL Represent Total Revenue)
    * ​LSEG's mean analyst estimate for Vornado Realty Trust is
for
breakeven results per share. 
    * The current average analyst rating on the shares is "sell"
and
the breakdown of recommendations is no "strong buy" or "buy," 6
"hold" and 7 "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 $25.00​, below​ its last closing price of $26.41. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.66        0.65       0.66      Beat    1.3
 Jun. 30 2023  0.63        0.63       0.74      Beat    17.2
 Mar. 31 2023  0.62        0.62       0.61      Missed  -1.3​
 Dec. 31 2022  0.68        0.68       0.91      Beat    34
 ​​Sep.        0.73        0.74       0.81      Beat    10.1
 30 2022                                                
 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. 31 2021  0.73        0.74       0.73      Missed  -1.3
 This summary was machine generated February 9 at 21:37 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)