Vornado (VNO) Tops Q4 FFO and Revenue Estimates

分组1 - Vornado reported quarterly funds from operations (FFO) of $0.61 per share, exceeding the Zacks Consensus Estimate of$0.51 per share, but down from $0.63 per share a year ago, resulting in an FFO surprise of 19.61$457.79 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 2.32% and up from $441.89 million year-over-year [2] - Vornado has surpassed consensus FFO estimates three times over the last four quarters, indicating a positive trend in performance [2] 分组2 - The stock's immediate price movement will depend on management's commentary during the earnings call and future FFO expectations [3] - Vornado shares have increased by approximately 2.2% since the beginning of the year, compared to the S&P 500's gain of 2.5% [3] - The current consensus FFO estimate for the upcoming quarter is $0.51 on revenues of$452.63 million, and for the current fiscal year, it is $2.31 on revenues of$1.84 billion [7] 分组3 - The estimate revisions trend for Vornado is mixed, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [6] - The REIT and Equity Trust - Other industry is currently in the bottom 32% of Zacks industries, which may impact Vornado's stock performance [8]