UDR Inc expected to post earnings of 12  cents a share - Earnings Preview

UDR

24/07/2023 21:45

* UDR Inc  UDR.N   UDR  is expected to show a rise in
quarterly
revenue when it reports  results on July 26. 
    * The Highlands Ranch Colorado-based  company is expected to
report  a 10.4% increase in revenue to $405.845 million from
$367.75 million a year ago, according to the mean estimate from
11 analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for UDR Inc is for
earnings
of 12 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 11
"hold" and no "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
$45​,
above​ its last closing price of $43.27. ​​​

The company's guidance on April 26 2023 for the period ended
June 30 was for Funds Flow from Operations between USD0.54 and
USD0.56.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.61        0.61       0.60      Missed  -1.4
 Dec. 31 2023  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.        0.55        0.55       0.55      Met     0.3
 31 2022                                                
 Dec. 31 2021  0.54        0.54       0.54      Met     0.1​
 Sep. 30 2021  0.51        0.51       0.51      Met     -0.6
 Jun. 30 2021  0.49        0.49       0.49      Met     0.4
 This summary was machine generated July 24 at 20:45 GMT.  All
figures in US dollars  unless otherwise stated