VNO / Vornado: Expect A Dividend Cut

Vornado Realty Trust has had a disruptive fiscal year, with suspended dividends and flagging funds from operations as interest expenses bite. The REIT more_horizontal

Vornado Realty Trust (NYSE:VNO ) Q3 2023 Earnings Conference Call October 31, 2023 10:00 AM ET Company Participants Steve Borenstein – Senior Vice P more_horizontal

Vornado's (VNO) Q3 results reflect lower-than-anticipated revenues despite decent leasing activity. Also, higher operating expenses act as a dampener. more_horizontal

Vornado (VNO) came out with quarterly funds from operations (FFO) of $0.66 per share, in line with the Zacks Consensus Estimate. This compares to FFO more_horizontal

Although the revenue and EPS for Vornado (VNO) give a sense of how its business performed in the quarter ended September 2023, it might be worth consi more_horizontal

NEW YORK, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that it will file its quarterly report on Form 10-Q for th more_horizontal

Office REITs experienced a significant positive revaluation in the first half of 2023, but the recovery rally slowed in September. Vornado Realty Trus more_horizontal

Vornado's (VNO) assets are poised to draw in tenants, thanks to the strong demand for high-quality properties. However, elevated interest rates contin more_horizontal