Vornado Realty Trust Q2 Profit Declines - Quick Facts

(RTTNews) - Vornado Realty Trust (VNO) reported that its second-quarter net income attributable to shareholders decreased to $76.64 million or $0.41 per share from $145.93 million or $0.78 per share, last year. FFO to shareholders was $216.5 million, or $1.15 per share, compared to $235.3 million, or $1.25 per share, prior year. Adjusted FFO per share was $1.44, for the quarter.

On average, ten analysts polled by Thomson Reuters expected the company to report profit per share of $1.12 for the quarter. Analysts' estimates typically exclude special items. Revenues decreased to $666.61 million from $671.22 million, prior year. Anlaysts expected revenue of $668.27 million for the quarter.