Vornado Realty Trust Profit Climbs 9% In Q3

(RTTNews) - Vornado Realty Trust (VNO) revealed earnings for its third quarter that gained ground from last year.

The company said its bottom line climbed to $236.04 million, or $1.26 per share. This was up from $217.36 million, or $1.15 per share, in last year's third quarter.

Analysts had expected the company to earn $1.26 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 8.4% to $627.60 million. This was up from $578.71 million last year.

Vornado Realty Trust earnings at a glance:

-Earnings (Q3): $236.04 Mln. vs. $217.36 Mln. last year. -Earnings Growth (Y-o-Y): 8.6% -EPS (Q3): $1.26 vs. $1.15 last year. -EPS Growth (Y-o-Y): 9.6% -Analysts Estimate: $1.26 -Revenue (Q3): $627.60 Mln vs. $578.71 Mln last year. -Revenue Change (Y-o-Y): 8.4%