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Mar 31, 2022
Vornado Q1 2022 Earnings Report
Vornado reported financial results for Q1 2022.
Key Takeaways
Vornado Realty Trust reported a net income attributable to common shareholders of $26.478 million, or $0.14 per diluted share, for the quarter ended March 31, 2022. Adjusted net income was $31.682 million, or $0.16 per diluted share. FFO attributable to common shareholders plus assumed conversions was $154.908 million, or $0.80 per diluted share.
Net income attributable to common shareholders was $26.478 million, or $0.14 per diluted share.
Adjusted net income attributable to common shareholders was $31.682 million, or $0.16 per diluted share.
FFO attributable to common shareholders plus assumed conversions was $154.908 million, or $0.80 per diluted share.
Same store NOI at share increased by 3.1% compared to March 31, 2021.
Vornado
Vornado
Vornado Revenue by Geographic Location
Revenue by Geographic Location
New York Revenue
CapyFin.com Forward Guidance
The company expects to close the sale of the Center Building in the third quarter of 2022 and recognize a financial statement gain of approximately $15,000,000 and a tax gain of approximately $74,000,000.