FX.co ★ Vornado Realty Trust Posts Loss In Q3

Vornado Realty Trust (VNO) has announced its third-quarter financial results, revealing a net loss of $19.2 million or $0.10 per share. This contrasts with a net income of $52.8 million or $0.28 per share in the same period last year. The company's Funds From Operations (FFO) for the quarter stood at $99.3 million, equivalent to $0.50 per share, down from $119.5 million or $0.62 per share in the previous year. Furthermore, the Adjusted Funds From Operations (AFFO) amounted to $102.8 million or $0.52 per share, compared to $127.2 million or $0.66 per share last year.