UDR Inc reports results for the quarter ended in December - Earnings Summary

UDR

06/02/2023 23:32

* UDR Inc  UDR.N  reported quarterly adjusted earnings of 13
cents​​ per share for the quarter ended in December. The mean
expectation of nine analysts for the quarter was for earnings of
11 cents per share.
    * Revenue rose 14.8% to $398.41 million from a year ago;
analysts
expected $399.08 million. 
    * UDR Inc's reported EPS for the quarter was 13 cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.5%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * UDR Inc shares had risen by 12.0% this quarter.
    * The company reported quarterly net income of $43.43
million.
    * Wall Street's median 12-month price target for UDR Inc is
$44.00
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 11
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
6 at 11:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.61           0.61           Met
 Sep. 30 2022      0.59           0.60           Beat
 Jun. 30 2022      0.57           0.57           Met
 Mar. 31 2022      0.55           0.55           Met