Machine learning predictions based on historical earnings data and price patterns
1-Day Prediction
+2.23%
$35.75
100% positive prob.
5-Day Prediction
+7.92%
$37.74
100% positive prob.
20-Day Prediction
+10.38%
$38.60
95% positive prob.
| Quarter | Signal | 1D Return | 5D Return | 20D Return | Confidence | Actual 5D |
|---|---|---|---|---|---|---|
| Q3 2026 | BUY | +2.23% | +7.92% | +10.38% | 100.0% | Pending |
| Q2 2026 | SELL | -2.39% | -4.09% | -8.96% | 100.0% | -2.60% |
SEC 8-K filings with transcript text
Nov 2, 2026 · 100% conf.
1D
+2.23%
$35.75
Act: +1.83%
5D
+7.92%
$37.74
20D
+10.38%
$38.60
2 vno-093026xxex991xearnings.htm
Document
Vornado Announces Third Quarter 2026 Financial Results
New York City | November 2, 2026
Vornado Realty Trust (NYSE: VNO) reported today:
Quarter Ended September 30, 2026 Financial Results
NET LOSS attributable to common shareholders for the quarter ended September 30, 2026 was $47,138,000, or $0.25 per diluted share, compared to net income attributable to common shareholders of $11,589,000, or $0.06 per diluted share, for the prior year's quarter.
FUNDS FROM OPERATIONS ("FFO") attributable to common shareholders plus assumed conversions (non-GAAP) for the quarter ended September 30, 2026 was $122,646,000, or $0.62 per diluted share, compared to $117,372,000, or $0.58 per diluted share, for the prior year's quarter. Adjusting for the items that impact period-to-period comparability listed in the table on the following page, FFO attributable to common shareholders plus assumed conversions, as adjusted (non-GAAP) for the quarter ended September 30, 2026 was $126,656,000, or $0.65 per diluted share, and $114,535,000, or $0.57 per diluted share, for the prior year's quarter.
Nine Months Ended September 30, 2026 Financial Results
NET LOSS attributable to common shareholders for the nine months ended September 30, 2026 was $53,546,000, or $0.28 per diluted share, compared to net income attributable to common shareholders of $842,250,000, or $4.19 per diluted share, for the nine months ended September 30, 2025. The decrease is primarily due to the $803,248,000 gain related to the 770 Broadway master lease with NYU during the nine months ended September 30, 2025.
FFO attributable to common shareholders plus assumed conversions (non-GAAP) for the nine months ended September 30, 2026 was $363,086,000, or $1.85 per diluted share, compared to $373,482,000, or $1.86 per diluted share, for the nine months ended September 30, 2025. Adjusting for the items that impact period-to-period comparability listed in the table on the following page, FFO attributable to common shareholders plus assumed conversions, as adjusted (non-GAAP) for the nine months ended September 30, 2026 was $360,941,000, or $1.84 per diluted share, and $354,239,000, or $1.76 per diluted share, for the nine months ended September 30, 2025.
The following table details the income and expense items affecting the comparability of FFO attributable to common shareholders plus assumed conversions (non-GAAP) to FFO attributable to common shareholders plus assumed conversions, as adjusted (non-GAAP):
(Amounts in thousands, except per share amounts)For the Three Months Ended September 30,For the Nine Months Ended September 30,
2026202520262025
FFO attributable to common shareholders plus assumed conversions (non-GAAP)(1) $122,646 $117,372 $363,086 $373,482
Per diluted share (non-GAAP)$0.62 $0.58 $1.85 $1.86
Certain expense (income) items that impact FFO attributable to common shareholders plus assumed conversions:
Deferred tax liability on our investment in the Farley Building (held through a taxable REIT subsidiary)$2,066 $3,586 $7,729 $10,128
606 Broadway debt extinguishment gain, net of noncontrolling interests— — (16,141)—
After-tax net gain on sale of 220 Central Park South condominium units and ancillary amenities— — — (11,110)
Gain on sale of Canal Street residential condominium units— — — (10,337)
Other2,285 (6,661)6,082 (9,556)
4,351 (3,075)(2,330)(20,875)
Noncontrolling interests' share of above adjustments on a dilutive basis(341)238 185 1,632
Total of certain expense (income) items that impact FFO attributable to common shareholders plus assumed conversions, net$4,010 $(2,837)$(2,145)$(19,243)
Per diluted share (non-GAAP)$0.03 $(0.01)$(0.01)$(0.10)
FFO attributable to common shareholders plus assumed conversions, as adjusted (non-GAAP)$126,656 $114,535 $360,941 $354,239
Per diluted share (non-GAAP)$0.65 $0.57 $1.84 $1.76
(1)See page 11 for a reconciliation of net (loss) income attributable to common shareholders to FFO attributable to common shareholders plus assumed conversions (non-GAAP) for the three and nine months ended September 30, 2026 and 2025.
FFO, as Adjusted Bridge - Q3 2026 vs. Q3 2025
The following table bridges our FFO attributable to common shareholders plus assumed conversions, as adjusted (non-GAAP) for the three months ended September 30, 2025 to FFO attributable to common shareholders plus assumed conversions, as adjusted (non-GAAP) for the three months ended September 30, 2026:
(Amounts in millions, except per share amounts)FFO, as Adjusted
AmountPer Share
FFO attributable to common shareholders plus assumed conversions, as adjusted (non-GAAP) for the three months ended September 30, 2025$114.5 $0.57
Increase / (decrease) in FFO, as adjusted due to:
Rent commencements, net of lease expirations17.5
Lower inte
Aug 3, 2026 · 100% conf.
1D
-2.39%
$38.98
Act: +2.45%
5D
-4.09%
$38.30
Act: -2.60%
20D
-8.96%
$36.35
Transcript text not available. View on SEC.gov →
May 4, 2026
This page provides Vornado Realty Trust (VNO) earnings call transcripts from SEC 8-K filings along with AI-powered predictions for post-earnings price movements. Our machine learning models analyze historical earnings data, pre-earnings price patterns, volume changes, and volatility to predict 1-day, 5-day, and 20-day returns after each earnings release.
Earnings transcripts are sourced directly from SEC EDGAR filings. Predictions are generated using gradient boosting models trained on VNO's historical earnings reactions. All predicted returns are shown as percentages, and predicted prices are calculated from the closing price at the time of prediction. Past performance does not guarantee future results.