Vornado's Q1 FFO & Revenues Beat Estimates, Same-Store NOI Rises

Vornado Realty Trust’s (VNO)  first-quarter 2025 funds from operations (FFO) plus assumed conversions, on an adjusted basis, were 63 cents per share, which beat the Zacks Consensus Estimate of 52 cents. Moreover, the figure jumped 14.5% year over year.The results displayed growth in total same-store net operating income (NOI) year over year. Also, Vornado witnessed decent leasing activity during the quarter.Total revenues were $461.6 million in the reported quarter, which beat the Zacks Consensus Estimate o ...