UDR Earnings: Here’s Why Investors are Not Excited Now

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UDR, Inc. (NYSE:UDR) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are down 0.16%.

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UDR, Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased 2.86% to $0.34 in the quarter versus EPS of $0.35 in the year-earlier quarter.

Revenue: Rose 8.08% to $187.23 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: UDR, Inc. reported adjusted EPS income of $0.34 per share. By that measure, the company beat the mean analyst estimate of $0.33. It beat the average revenue estimate of $183.59 million.

Quoting Management: There was no comment from the management.

Key Stats (on next page)…

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