WASHINGTON (dpa-AFX) - VORNADO REALTY TRUST (VNO) reported fourth-quarter net income to shareholders of $513.24 million or $2.72 per share, compared to a loss of $68.89 million or $0.37 per share, prior year. FFO per share was $1.22, for the quarter. Adjusting for certain items that affect comparability, FFO per share was $1.36 compared to $1.25, prior year.
On average, 12 analysts polled by Thomson Reuters expected the company to report profit per share of $1.23 for the quarter. Analysts' estimates typically exclude special items.
Revenue increased to $679.10 million from $649.40 million last year. Analysts expected revenue of $677.44 million for the quarter.
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