UDR Beats Q3 FFOA & Revenue Estimates, Ups 2024 Guidance

UDR Inc. (UDR) reported third-quarter 2024 funds from operations as adjusted (FFOA) per share of 62 cents, in line with the Zacks Consensus Estimate. On a year-over-year basis, FFOA per share declined 1.6%.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Quarterly rental income was $418.1 million and came ahead of the year-ago quarter’s$408.4 million. Total revenues came in at $420.2 million, surpassing the Zacks Consensus Estimate of$416.5 million. Both rental income and total rev ...