FX.co ★ Vornado Realty Trust Q2 Profit Down

Vornado Realty Trust (NYSE: VNO) announced on Monday that its net income for the second quarter stood at $35.26 million, or $0.18 per share. This is a decrease from $46.38 million, or $0.24 per share, reported in the same quarter of the previous year.

The company's Funds From Operations (FFO) for the quarter rose to $148.9 million, or $0.76 per share, in comparison to $144.0 million, or $0.74 per share, in the corresponding period last year.