Vornado Realty Trust (NYSE:VNO) will be issuing its quarterly earnings data after the market closes on Monday, October 30th. Analysts expect the company to announce earnings of $0.83 per share for the quarter.

Vornado Realty Trust (NYSE:VNO) last issued its quarterly earnings results on Monday, July 31st. The real estate investment trust reported $1.35 earnings per share for the quarter, topping the consensus estimate of $1.26 by $0.09. The company had revenue of $626.04 million during the quarter, compared to analysts’ expectations of $633.19 million. Vornado Realty Trust had a net margin of 37.96% and a return on equity of 4.51%. The business’s quarterly revenue was up .7% on a year-over-year basis. During the same period last year, the business earned $1.21 EPS. On average, analysts expect Vornado Realty Trust to post $4.09 EPS for the current fiscal year and $4.01 EPS for the next fiscal year.

Vornado Realty Trust (NYSE:VNO) opened at 74.50 on Monday. The stock’s 50 day moving average is $76.27 and its 200 day moving average is $76.96. Vornado Realty Trust has a 52 week low of $72.77 and a 52 week high of $111.72. The company has a market capitalization of $14.12 billion, a PE ratio of 16.09 and a beta of 1.00.

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A number of equities analysts have recently weighed in on VNO shares. Argus raised Vornado Realty Trust from a “hold” rating to a “buy” rating and set a $83.00 target price on the stock in a research report on Thursday, August 24th. Citigroup Inc. lowered their target price on Vornado Realty Trust from $96.17 to $92.00 and set a “buy” rating on the stock in a research report on Wednesday, July 19th. Sandler O’Neill reaffirmed a “buy” rating and set a $90.00 target price on shares of Vornado Realty Trust in a research report on Tuesday, September 26th. Zacks Investment Research raised Vornado Realty Trust from a “hold” rating to a “buy” rating and set a $88.00 target price on the stock in a research report on Tuesday, October 17th. Finally, Barclays PLC lowered their target price on Vornado Realty Trust from $104.00 to $103.00 and set an “equal weight” rating on the stock in a research report on Tuesday, July 18th. Five analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $93.67.

Vornado Realty Trust Company Profile

Vornado Realty Trust is a real estate investment trust (REIT). The Company conducts its business through Vornado Realty L.P. (the Operating Partnership). The Company operates through two segments: New York and Washington, DC. As of December 31, 2016, the Company’s New York segment consisted of 28.3 million square feet in 86 properties.

Earnings History for Vornado Realty Trust (NYSE:VNO)

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