Revenue: As of FY2025 Q1, the actual value is USD 461.58 M.EPS: As of FY2025 Q1, the actual value is USD 0.43, beating the estimate of USD -0.03.EBIT: As of FY2025 Q1, the actual value is USD 107.02 M.<h3>Segment Revenue</h3><ul><li>Total Revenues: $461,579,000 for the three months ended March 31, 2025, compared to $436,375,000 for the prior year’s quarter, an increase of $25,204,000.</li><li>Rental Revenues: $404,755,000 for the three months ended March 31, 2025, compared to $389,278,000 for the prior year’s quarter.</li><li>Fee and Other Income: $56,824,000 for the three months ended March 31, 2025, compared to $47,097,000 for the prior year’s quarter.</li></ul><h3>Operational Metrics</h3><ul><li>Net Income: $99,824,000 for the three months ended March 31, 2025, compared to a net loss of $6,273,000 for the prior year’s quarter.</li><li>Operating Expenses: $224,740,000 for the three months ended March 31, 2025, compared to $226,224,000 for the prior year’s quarter.</li><li>Depreciation and Amortization: $116,155,000 for the three months ended March 31, 2025, compared to $108,659,000 for the prior year’s quarter.</li><li>General and Administrative Expenses: $38,597,000 for the three months ended March 31, 2025, compared to $37,897,000 for the prior year’s quarter.</li></ul><h3>Cash Flow</h3><ul><li>Net Cash Provided by Operating Activities: $52,034,000 for the three months ended March 31, 2025, compared to $31,485,000 for the prior year’s quarter.</li><li>Net Cash Provided by (Used in) Investing Activities: $275,501,000 for the three months ended March 31, 2025, compared to -$128,625,000 for the prior year’s quarter.</li><li>Net Cash Used in Financing Activities: -$470,266,000 for the three months ended March 31, 2025, compared to -$15,524,000 for the prior year’s quarter.</li></ul><h3>Unique Metrics</h3><ul><li>Same Store NOI at Share: Increased by 3.5% for the three months ended March 31, 2025 compared to March 31, 2024.</li></ul><h3>Future Outlook and Strategy</h3><ul><li>Core Business Focus: Vornado Realty Trust plans to pay a common share dividend for 2025 in the fourth quarter, subject to approval by the Board of Trustees.</li><li>Non-Core Business: The company completed a master lease with New York University at 770 Broadway, which includes a prepaid lease payment of $935,000,000 and annual lease payments of approximately $9,300,000 during the lease term.</li></ul><h3>Priority</h3><ul><li>Strategic Transactions: The Fifth Avenue and Times Square JV completed a $450,000,000 financing of 1535 Broadway, with net proceeds used to partially redeem Vornado’s preferred equity.</li></ul>

Vornado Realty Trust | 10-Q: FY2025 Q1 Revenue: USD 461.58 M