Vornado Q2 FY26 net income drops to USD 16.43 million; revenue rises 4.71% to USD 462.24 million

Reuters2026/08/03 20:32

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Vornado Realty Trust posted GAAP net income attributable to common shareholders of USD 16.43 million, down from USD 743.82 million a year earlier.
GAAP diluted EPS fell to USD 0.08 from USD 3.70 in the prior-year quarter.
NAREIT FFO attributable to common shareholders plus assumed conversions rose to USD 144.08 million, or USD 0.74 per diluted share.
Revenue increased to USD 462.24 million from USD 441.44 million.
Completed a 49% stake purchase in Park Avenue Plaza at a USD 1.1 billion valuation; ended June 30 with USD 2 billion of liquidity.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vornado Realty Trust published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000899689-26-000046), on August 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Vornado Q2 FY26 net income drops to USD 16.43 million; revenue rises 4.71% to USD 462.24 million

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