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UDR (UDR) Q2 FFO and Revenues Beat Estimates
UDRUDR(UDR) ZACKS·2024-07-30 22:31

This quarterly report represents an FFO surprise of 1.64%. A quarter ago, it was expected that this real estate investment trust would post FFO of 0.61persharewhenitactuallyproducedFFOof0.61 per share when it actually produced FFO of 0.61, delivering no surprise. UDR, which belongs to the Zacks REIT and Equity Trust - Residential industry, posted revenues of 413.33millionforthequarterendedJune2024,surpassingtheZacksConsensusEstimateby0.11413.33 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 0.11%. This compares to year-ago revenues of 403.1 million. The company has topped consensus re ...