May. 6 at 3:24 PM
$VNO beats FFO estimates — is the REIT sector ready for a comeback? 📈
💰 Q1 FFO of 63 cents vs. 52 cents expected
🏢 14.5% YoY growth in funds from operations
📊 Total revenues up 5.8% year over year, hitting
$461.6M
🔑 Solid leasing activity with significant initial rents across portfolios
Full breakdown here 👉
https://www.zacks.com/commentary/2462914/vornados-q1-ffo-revenues-beat-estimates-same-store-noi-rises?cid=sm-stocktwits-2-2462914-body&ADID=SYND_STOCKTWITS_TWEET_2_2462914_BODY