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

UDR

26/10/2023 22:37

* UDR Inc  UDR.N  reported quarterly adjusted earnings of 10
cents​​ per share for the quarter ended in September. The mean
expectation of ten analysts for the quarter was for earnings of
11 cents per share.
    * Revenue rose 4.7% to $408.36 million from a year ago;
analysts
expected $410.04 million. 
    * UDR Inc's reported EPS for the quarter was 10 cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.1%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * UDR Inc shares had fallen by 4.7% this quarter and
lost 12.2% so
far this year.
    * The company reported quarterly net income of $31.64
million.
    * Wall Street's median 12-month price target for UDR Inc is
$43.00
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 10
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 26 at 09:36 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.63           0.63           Met
 Jun. 30 2023      0.62           0.63           Beat
 Mar. 31 2023      0.61           0.60           Missed
 Dec. 31 2022      0.61           0.61           Met