Aug. 5 at 3:49 PM
$VNO beats Q2 FFO estimates, but revenue misses — what’s next? 🤔
FFO of 56 cents per share topped the Zacks Consensus Estimate of 53 cents, yet it declined 1.8% YoY. Revenue fell short at
$441.4M vs. the expected
$455.4M. Leasing activity showed promise, but occupancy challenges remain.
Full analysis here 👉 https://www.zacks.com/stock/news/2668636/vornados-q2-ffo-beat-estimates-same-store-noi-rises-yy?cid=sm-stocktwits-2-2668636-body-6052&ADID=SYND_STOCKTWITS_TWEET_2_2668636_BODY_6052