Vornado Q4 2019 Earnings Report
Key Takeaways
Vornado Realty Trust reported a net income attributable to common shareholders of $193.2 million, or $1.01 per diluted share, for Q4 2019, compared to $100.5 million, or $0.53 per diluted share, for the prior year's quarter. Non-GAAP net income attributable to common shareholders was $56.4 million, or $0.29 per diluted share, compared to $49.4 million, or $0.26 per diluted share, for the prior year's quarter. FFO attributable to common shareholders plus assumed conversions was $311.9 million, or $1.63 per diluted share, compared to $210.1 million, or $1.10 per diluted share, for the prior year's quarter. Adjusted FFO attributable to common shareholders plus assumed conversions was $171.0 million, or $0.89 per diluted share, compared to $169.9 million, or $0.89 per diluted share, for the prior year's quarter.
Net income attributable to common shareholders increased to $193.2 million, or $1.01 per diluted share.
Non-GAAP net income attributable to common shareholders increased to $56.4 million, or $0.29 per diluted share.
FFO attributable to common shareholders plus assumed conversions increased to $311.9 million, or $1.63 per diluted share.
Adjusted FFO attributable to common shareholders plus assumed conversions increased to $171.0 million, or $0.89 per diluted share.
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Vornado Revenue by Geographic Location
Forward Guidance
Vornado Realty Trust provided no forward guidance in this earnings report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income