UDR Inc reports results for the quarter ended June 30 - Earnings Summary
UDR Inc reports results for the quarter ended June 30 - Earnings Summary
UDR Inc UDR.N reported quarterly adjusted earnings of 32 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 11 cents. The mean expectation of nine analysts for the quarter was for earnings of 11 cents per share. Wall Street expected results to range from 7 cents to 16 cents per share.
Revenue fell 0% to $422.93 million from a year ago; analysts expected $425.29 million.
UDR Inc's reported EPS for the quarter was 21 cents.
The company reported quarterly net income of $67.81 million.
UDR Inc shares had fallen by 0.8% this quarter and gained 7.9% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 0.4% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 10 "strong buy" or "buy," 11 "hold" and 3 "sell" or "strong sell." The average consensus recommendation for the residential reits peer group is "buy."
Wall Street's median 12-month price target for UDR Inc is $42.00, about 6.5% above its last closing price of $39.27
This summary was machine generated from LSEG data July 27 at 11:14 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.63 | 0.64 | Beat |
Mar. 31 2026 | 0.62 | 0.62 | Met |
Dec. 31 2025 | 0.64 | 0.64 | Met |
Sep. 30 2025 | 0.63 | 0.65 | Beat |