Benzinga | Aug 3, 2020 04:47PM EDT

Vornado Realty Q2 FFO $0.55 Beats $0.40 Estimate, Sales $343.03M Beat $342.24M Estimate

Vornado Realty (NYSE:VNO) reported quarterly earnings of $0.55 per share which beat the analyst consensus estimate of $0.40 by 37.5 percent. This is a 39.56 percent decrease over earnings of $0.91 per share from the same period last year. The company reported quarterly sales of $343.03 million which beat the analyst consensus estimate of $342.24 million by 0.23 percent. This is a 25.93 percent decrease over sales of $463.10 million the same period last year.