Vornado Announces First Quarter 2026 Financial Results
Vornado Realty Trust reported a first-quarter net loss of $22.8 million, or $0.12 per share, compared to net income of $86.8 million a year ago, while FFO declined to $0.49 per share from $0.67. The Board of Trustees authorized a new $300 million share repurchase program on April 29, 2026, following the repurchase of approximately 2.7 million shares during the quarter.
Key figures
- Revenue
- $459,105,000
- Ffo per share
- 0.49
- Repurchase cost
- 79844000
- New buyback auth
- 300000000
- Shares repurchased
- 2745713
- Alexanders sale price
- 235500000
- Ffo adjusted per share
- 0.52
AI analysis
Red flags3 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.