AI brief of an SEC Form 8-K · Vornado Realty Trust (VNO)

Vornado Q4 2023 net loss narrows to $61.0 million; FFO falls to $0.62 per share

Mixed Impact 3 of 5 earnings Written later

Vornado Realty Trust reported a fourth-quarter 2023 net loss attributable to common shareholders of $61.0 million, or $0.32 per diluted share, compared with a $493.3 million loss a year earlier. Results included $72.7 million of impairment losses, and adjusted FFO fell to $123.8 million, or $0.63 per diluted share, from $139.0 million, or $0.72, a year earlier, so the smaller GAAP loss does not reflect stronger operating earnings.

Key points

  • Q4 2023 net loss attributable to common shareholders: $61,013,000 ($0.32 per diluted share), vs. $493,280,000 ($2.57) in Q4 2022
  • Q4 2023 FFO attributable to common shareholders plus assumed conversions: $121,105,000 ($0.62 per diluted share); as adjusted, $123,751,000 ($0.63) vs. $139,041,000 ($0.72)
  • Full-year 2023 net income attributable to common shareholders: $43,378,000 ($0.23 per diluted share), vs. a $408,615,000 loss in 2022
  • Board declared a $0.30 per common share dividend on December 5, 2023

The filing

CompanyVornado Realty Trust (VNO)
Form8-K, current report
Filed with the SECFeb 12, 2024, 4:32 PM ET
Accession number0000899689-24-000007

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:57 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 12, 2024.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.