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

UDR

27/07/2023 03:16

* UDR Inc  UDR.N  reported quarterly adjusted earnings of
$1.02​​
per share for the quarter ended in June. The mean expectation of
eight analysts for the quarter was for earnings of 12 cents per
share.
    * Revenue rose 9.6% to $403.10 million from a year ago;
analysts
expected $405.88 million. 
    * UDR Inc's reported EPS for the quarter was $1.05​.
    * The mean earnings estimate of analysts had fallen by
about 0.9%
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 fallen by 1.7% this quarter and
gained 9.1%
so far this year.
    * The company reported quarterly net income of $346.32
million.
    * Wall Street's median 12-month price target for UDR Inc is
$45.00
    * 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." 

This summary was machine generated from LSEG Refinitiv data July
27 at 02:16 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.62           0.63           Beat
 Mar. 31 2023      0.61           0.60           Missed
 Dec. 31 2022      0.61           0.61           Met
 Sep. 30 2022      0.59           0.60           Beat