Vornado Realty VNO announces its next round of earnings this Monday, August 1, 2011. Here is Benzinga's everything-that-matters guide for this Monday's second quarter earnings announcement.
Earnings and Revenue:
Analysts are looking ahead to a positive EPS of $1.17 per share and revenues of $683.6 million. Vornado Realty's latest numbers will no doubt be compared with the company's year-ago quarter, when it reported a profit of $1.18 per share on revenues of $696.1 million.Here's how the company's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q1 | Q4 | Q3 | Q2 |
EPS Estimate | $1.97 | $1.09 | $1.20 | $1.06 |
EPS Actual | $1.77 | $1.17 | $1.31 | $1.18 |
Stock Performance:
Shares of Vornado Realty were trading at $96.77 as of July 26, 2011. Since January 1st, shares of Vornado Realty have given investors a return of 17.9%. For a full 12 months, the return has risen by 13%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.- Long-term shareholders are already enjoying 12-month gains prior to the announcement
Average Stock Rating:
The average rating by analysts for Vornado Realty is a Hold. Over the past three months this rating's strength has declined slightly.Competitors:
Wondering how some of the other financials companies are doing? Here are a few of Vornado Realty's peers in that sector.- Alexander's ALX: Hold with a $5.15 recent quarter EPS
- Colonial Properties CLP: Hold with a $0.27 recent quarter EPS
- Cousins Properties CUZ: Moderate Buy with a $0.08 recent quarter EPS
- Franklin Street Properties (FSP): Moderate Sell with a $0.20 recent quarter EPS
Vornado Realty is in the REIT-equity trust/other industry, which has experienced price/earnings growth of 2.7%.
Finally, a description of the company's main areas of operation: Vornado Realty is a real estate investment trust that conducts its business through Vornado Realty L.P.
Take Action:
There is your peek into Vornado Realty's upcoming earnings numbers, including some competitors to watch around the time of the announcement. Check back in with us after the announcement for a full recap of the announcement. In the meantime, here are some links to explore today.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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