Vornado (VNO) reported $457.79 million in income for the quarter ended December 2024, representing a year-over-year enhance of three.6%. EPS of $0.61 for a similar interval compares to $0.04 a yr in the past.
The reported income represents a shock of +2.32% over the Zacks Consensus Estimate of $447.4 million. With the consensus EPS estimate being $0.51, the EPS shock was +19.61%.
Whereas buyers scrutinize income and earnings modifications year-over-year and the way they examine with Wall Avenue expectations to find out their subsequent transfer, some key metrics all the time supply a extra correct image of an organization’s monetary well being.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps buyers venture a inventory’s value efficiency extra precisely.
Right here is how Vornado carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Avenue analysts:
- Occupancy (At Vornado’s share) – New York: 87.6% versus 86.8% estimated by 4 analysts on common.
- Occupancy – New York Retail – Vornado’s Possession Curiosity: 73.7% in comparison with the 78.6% common estimate primarily based on two analysts.
- Complete Property Sq. Ft – New York – Vornado’s Possession Curiosity: 20,916 Ksq ft versus 20,916 Ksq ft estimated by two analysts on common.
- Occupancy – New York Workplace – Vornado’s Possession Curiosity: 88.8% in comparison with the 87.8% common estimate primarily based on two analysts.
- Complete revenues- Different: $74.09 million versus the three-analyst common estimate of $82.49 million. The reported quantity represents a year-over-year change of -8.3%.
- Complete revenues- New York: $383.70 million in comparison with the $360.80 million common estimate primarily based on three analysts. The reported quantity represents a change of +6.3% yr over yr.
- Income- Payment and different earnings: $59.33 million in comparison with the $53 million common estimate primarily based on eight analysts. The reported quantity represents a change of +17.7% yr over yr.
- Complete revenues- Payment and Different Earnings- Administration and Leasing Charges: $2.52 million in comparison with the $3.30 million common estimate primarily based on seven analysts. The reported quantity represents a change of -18% yr over yr.
- Income- Complete rental revenues: $398.46 million in comparison with the $394.79 million common estimate primarily based on seven analysts. The reported quantity represents a change of +1.8% yr over yr.
- Complete revenues- Payment and Different Earnings- BMS Cleansing Charges: $37.21 million in comparison with the $37.33 million common estimate primarily based on six analysts. The reported quantity represents a change of +3.3% yr over yr.
- Complete revenues- Payment and Different Earnings- Different earnings: $19.60 million in comparison with the $11.95 million common estimate primarily based on six analysts. The reported quantity represents a change of +73.6% yr over yr.
- Complete revenues- Complete rental revenues- Property leases: $345.01 million in comparison with the $342.85 million common estimate primarily based on six analysts. The reported quantity represents a change of +1.3% yr over yr.
View all Key Company Metrics for Vornado here>>>
Shares of Vornado have returned +13.8% over the previous month versus the Zacks S&P 500 composite’s +2.1% change. The inventory at present has a Zacks Rank #3 (Maintain), indicating that it may carry out in keeping with the broader market within the close to time period.
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Vornado Realty Trust (VNO) : Free Stock Analysis Report
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