Vornado Realty Trust expected to post earnings of 5  cents a share - Earnings Preview

Vornado Realty Trust

29/07/2023 03:03

* Vornado Realty Trust  VNO.N   VNO  is expected to show a
fall in
quarterly revenue when it reports  results on July 31. 
    * The New York City-based  company is expected to report  a
2.6% decrease in revenue to $441.764 million from $453.49
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Vornado Realty
Trust is
for earnings of 5 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 5
"hold" and 6 "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 $13.5​, below​ its last closing price of $22.15. ​​​

This summary was machine generated July 29 at 02:02 GMT.  All
figures in US dollars  unless otherwise stated