UDR Inc expected to post earnings of 11  cents a share - Earnings Preview

UDR

24/04/2023 21:28

* UDR Inc  UDR.N   UDR  is expected to show a rise in
quarterly
revenue when it reports  results on April 26. 
    * The Highlands Ranch Colorado-based  company is expected to
report  a 13.8% increase in revenue to $405.445 million from
$356.18 million a year ago, according to the mean estimate from
14 analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for UDR Inc is for
earnings
of 11 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "strong buy" or "buy," 10
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.1%
in the last three months. ​
    * Wall Street's median 12-month price target for UDR Inc is
$45​,
above​ its last closing price of $41.53. ​​​

The company's guidance on February 6 2023 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  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.61        0.61       0.61      Met     -0.3
 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
 ​​Dec.        0.54        0.54       0.54      Met     0.1
 31 2021                                                
 Sep. 30 2021  0.51        0.51       0.51      Met     -0.6​
 Jun. 30 2021  0.49        0.49       0.49      Met     0.4
 Mar. 31 2021  0.47        0.47       0.47      Met     0.1
 This summary was machine generated April 24 at 20:28 GMT.  All
figures in US dollars  unless otherwise stated