Investing.com - Vornado reported on Monday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Vornado announced earnings per share of $0.2 on revenue of $409.2M. Analysts polled by Investing.com anticipated EPS of $0.292 on revenue of $380.62M.
Vornado shares are up 16% from the beginning of the year and are trading at $43.51 , down-from-52-week-high.They are under-performing the S&P 500 which is up 22.83% from the start of the year.
Vornado shares lost 0.02% in after-hours trade the report.
Vornado follows other major Services sector earnings this month
Vornado's report follows an earnings missed by Amazon.com on Thursday, who reported EPS of $6.12 on revenue of $110.81B, compared to forecasts EPS of $8.9 on revenue of $111.55B.
Visa A had beat expectations on October 26 with fourth quarter EPS of $1.62 on revenue of $6.56B, compared to forecast for EPS of $1.55 on revenue of $6.52B.
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