Investing.com - Vornado reported on Monday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Vornado announced earnings per share of $-0.09 on revenue of $363.96M. Analysts polled by Investing.com anticipated EPS of $0.7 on revenue of $388.57M.
Vornado shares are down 51% from the beginning of the year, still down 52.67% from its 52 week high of $68.67 set on January 23. They are under-performing the S&P 500 which is up 2.46% 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 $12.37 on revenue of $96.15B, compared to forecasts EPS of $7.41 on revenue of $92.78B.
Visa A had beat expectations on October 28 with fourth quarter EPS of $1.12 on revenue of $5.1B, compared to forecast for EPS of $1.09 on revenue of $5B.
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