Vornado's Q3 FFO & Revenues Beat Estimates, Occupancy Improves
Key Takeaways Vornado Realty Trust's adjusted FFO rose 9.6% year over year to $0.57 per share, topping estimates.Revenues grew 2.4% to $453.7 million, with higher same-store NOI and occupancy gains across portfolios.Vornado acquired 623 Fifth Avenue for $218 million and sold 512 West 22nd Street for $205 million.Vornado Realty Trust’s (VNO) third-quarter 2025 funds from operations (FFO) plus assumed conversions, on an adjusted basis, were 57 cents per share, which outpaced the Zacks Consensus Estimate of 5 ...