Vornado Q4 2021 Earnings Report

Reported financial results for the fourth quarter of 2021.

Key Takeaways

Vornado Realty Trust reported net income attributable to common shareholders of $11.3 million, or $0.06 per diluted share, for the quarter ended December 31, 2021. Adjusted non-GAAP net income was $23 million, or $0.12 per diluted share. FFO attributable to common shareholders plus assumed conversions (non-GAAP) was $141 million, or $0.73 per diluted share, and as adjusted (non-GAAP) was $156.1 million, or $0.81 per diluted share.

Net income attributable to common shareholders for the quarter was $11,269,000, or $0.06 per diluted share.

Adjusted net income attributable to common shareholders (non-GAAP) was $22,977,000, or $0.12 per diluted share.

FFO attributable to common shareholders plus assumed conversions (non-GAAP) was $141,017,000, or $0.73 per diluted share.

Adjusted FFO attributable to common shareholders plus assumed conversions (non-GAAP) was $156,130,000, or $0.81 per diluted share.