UDR Inc expected to post earnings of 10 cents a share - Earnings Preview
26/04/2024 22:53
* UDR Inc UDR.N UDR is expected to show a rise in
quarterly
revenue when it reports results on April 30 for the period
ending March 31 2024
* The Highlands Ranch Colorado-based company is expected to
report a 2.8% increase in revenue to $409.645 million from
$398.31 million a year ago, according to the mean estimate from
15 analysts, based on LSEG data.
* LSEG's mean analyst estimate for UDR Inc is for earnings
of 10
cents per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 12
"hold" and 1 "sell" or "strong sell."
* The mean earnings estimate of analysts had fallen by
about 0.1%
in the last three months.
* Wall Street's median 12-month price target for UDR Inc is
$39.00, above its last closing price of $37.91.
The company's guidance on February 6 2024 for the period ended
March 31 was for Funds Flow from Operations between USD0.56 and
USD0.58.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Dec. 31 2023 0.62 0.63 0.63 Met 0.4
Sep. 30 2023 0.63 0.63 0.63 Met 0.2
Jun. 30 2023 0.62 0.62 0.61 Missed -1.2
Mar. 31 2023 0.61 0.61 0.60 Missed -1.4
Dec. 0.61 0.61 0.61 Met -0.3
31 2022
Sep. 30 2022 0.58 0.59 0.60 Beat 2.2
Jun. 30 2022 0.57 0.57 0.57 Met 0.1
Mar. 31 2022 0.55 0.55 0.55 Met 0.3
This summary was machine generated April 26 at 21:53 GMT. All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)