Vornado Reports Q1 2026 Earnings Call Details
Vornado (VNO) reported Q1 2026 results with a comparable FFO of $0.52 per share, down from $0.63 per share. The company expects full-year 2026 FFO to be slightly higher than 2025, with sequential increases due to new GAAP rents and lower interest expenses. Vornado also acquired a 49% stake in a New York office building and announced additional share buybacks.
Tickers: $VNO
Topics: acquisition financial performance leasing activity real estate share buybacks