UDR Inc expected to post earnings of 11 cents a share - Earnings Preview
02/02/2024 22:31
* UDR Inc UDR.N UDR is expected to show a rise in
quarterly
revenue when it reports results on February 6 for the period
ending December 31 2023
* The Highlands Ranch Colorado-based company is expected to
report a 3.0% increase in revenue to $410.187 million from
$398.41 million a year ago, according to the mean estimate from
14 analysts, based on LSEG data. (SAL represents Rental
/Property Revenue)
* LSEG'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 9 "strong buy" or "buy," 12
"hold" and 1 "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged 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 $36.31.
The company's guidance on October 26 2023 for the period ended
December 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
Sep. 30 2023 0.63 0.63 0.63 Met 0.2
Jun. 30 2023 0.62 0.62 0.63 Beat 2.1
Mar. 31 2023 0.61 0.61 0.60 Missed -1.4
Dec. 31 2022 0.61 0.61 0.61 Met -0.3
Sep. 0.58 0.59 0.60 Beat 2.2
30 2022
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. 31 2021 0.54 0.54 0.54 Met 0.1
This summary was machine generated February 2 at 22:31 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)