$Vornado Realty Trust(VNO-N)$ (VNO) reported Q1 adjusted funds from operations late Monday of $0.63 per diluted share, up from $0.55 a year earlier.
Analysts polled by FactSet expected $0.52.
Revenue for the three months ended March 31 was $461.6 million, up from $436.4 million.
Analysts surveyed by FactSet expected $452.1 million.
Shares of Vornado Realty were up nearly 2% in after-hours activity.