Investing.com - Vornado reported on Monday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Vornado announced earnings per share of $0.06 on revenue of $380M. Analysts polled by Investing.com anticipated EPS of $0.0879 on revenue of $377.51M.
Vornado shares are up 22% from the beginning of the year and are trading at $45.72 , down-from-52-week-high.They are outperforming the S&P 500 which is up 11.62% from the start of the year.
Vornado follows other major Services sector earnings this month
Vornado's report follows an earnings beat by Amazon.com on Thursday, who reported EPS of $15.79 on revenue of $108.52B, compared to forecasts EPS of $9.54 on revenue of $104.51B.
Visa A had beat expectations on Tuesday, April 27, 2021 with second quarter EPS of $1.38 on revenue of $5.73B, compared to forecast for EPS of $1.27 on revenue of $5.56B.
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