Vornado (VNO) Tops Q1 FFO and Revenue Estimates

Vornado (VNO) came out with quarterly funds from operations (FFO) of $0.63 per share, beating the Zacks Consensus Estimate of$0.52 per share. This compares to FFO of $0.55 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 21.15$0.51 per share when it actually produced FFO of $0.61, delivering a surprise of 19.61%.Over the last four quarters, t ...