Vornado Realty Trust third-quarter earnings plunge by 57.77 percent on a YOY basis
Source: IRIS | 01 Nov, 2016, 01.28PM
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Vornado Realty Trust (VNO) has reported 57.77 percent plunge in profit for the quarter ended Sep. 30, 2016. The company has earned $92.58 million, or $0.35 a share in the quarter, compared with $219.23 million, or $1.05 a share for the same period last year. Revenue during the quarter went up marginally by 0.89 percent to $633.20 million from $627.60 million in the previous year period. Operating margin for the quarter was stable at 100 percent, when compared to the previous year period. Operating income for the quarter was $633.20 million, compared with $627.60 million in the previous year period. Disclaimer: Please note that this is an auto-generated article. IRIS does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. IRIS especially states that it has no financial liability whatsoever to any user on account of the use of information provided on its website. For queries contact: editor@irisindia.net
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