Vornado Signs 70,000 sq ft Paramount Lease as Analysts Cut Forecasts 12%
Vornado expects Q4 2025 revenue and FFO to decline due to office market headwinds, while analysts have trimmed consensus price forecasts by 12% over the past year. The company secured a 70,000 sq ft lease at Sunset Pier 94 Studios with Paramount, highlighting its sustainability-focused diversification efforts.
1. Analyst Forecast Reductions
Consensus price forecasts have declined about 12% over the past year, falling from 41 to 36, as analysts point to prolonged office sector weakness and broader economic uncertainties.
2. Q4 2025 Earnings Outlook
Vornado projects a drop in Q4 2025 revenue and funds from operations as sluggish office leasing and competitive pressures weigh on cash flow, challenging near-term financial metrics.
3. Sustainability Footprint and Paramount Lease
The trust oversees over 23 million square feet of LEED-certified properties and remains committed to energy efficiency, reinforcing this with a recent 70,000 sq ft lease at Sunset Pier 94 Studios signed with Paramount to diversify its tenant mix.
4. Upcoming Earnings Events
Vornado will release its Q4 2025 earnings report on February 9, 2026, followed by a conference call on February 10, 2026, which will provide further insights into its financial outlook and may influence future analyst forecasts.