Vornado Realty Trust (NYSE: VNO) is scheduled to report second-quarter 2024 results on Aug 5, after market close. The quarterly results are likely to reflect a year-over-year decrease in revenues and funds from operations (FFO) per share. In the last reported quarter, this New York-based real estate investment trust's (REIT) FFO plus assumed conversions as adjusted per share of 55 cents missed the Zacks Consensus Estimate by 5.2%. Results displayed lower-than-anticipated top-line growth. Over the trailing four quarters, Vornado's FFO plus assumed conversions as adjusted per share surpassed the Zacks Consensus Estimate on two occasions, met on another and missed on the remaining period, the average beat being 3.5%. This is depicted in the graph below: Vornado Realty Trust Price and EPS Surprise Vornado Realty Trust price-eps-surprise | Vornado Realty Trust Quote U.S. Office Market Per a Cushman & Wakefield (NYSE: CWK) report, although the U.S. economy is now slowing, job growth remains healthy. CWK expects office-using job growth to be moderate for the remainder of the year before picking up in 2025. National absorption of negative 18.2 million square feet (msf) for the second quarter improved from the negative 25.5 msf recorded in the previous quarter, bringing the four-quarter rolling total to a negative 69.6 msf. The second quarter of 2024 marked the 10th ...