On Wednesday 30th October 2024, UDR (NYSE: UDR) will release its highly anticipated third quarter financial results. This important announcement is scheduled to occur after market close.
As per the projections made by financial experts on Wall Street, the firm is expected to announce an estimated $0.10 profit per share for the quarter. Moreover, the firm is likely to disclose a quarterly revenue of $418.23 million.
Analysts have provided their projections for the company's full-year performance, revealing that they expect the company to generate a total revenue of $1.66 billion. At the same time, the earnings per share for the company are also anticipated to reach profit of $0.41 during the fiscal year.
The earnings report for the corresponding quarter in the previous year showcased a per-share income of $0.63. This considerable sum was attributed to the company's total revenue, which reached an impressive $408.36 million during that specific quarter.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.62 | +1.6% | 413.33 M | +2.5% |
| Q1 2024 | $0.61 | +1.7% | 411.67 M | +3.4% |
| Q4 2023 | $0.54 | -11.5% | 410.89 M | +3.1% |
| Q3 2023 | $0.63 | +5.0% | 408.36 M | +4.7% |
| Q2 2023 | $0.61 | +7.0% | 403.10 M | +9.6% |
| *Growth on year-over-year basis | ||||
In addition, The firm will review the third quarter financial results on 31st October 2024 at 01:00 PM eastern time, in a conference call with public.
During Monday's trading, UDR (UDR) shares reached a low of $44.06 and a high of $44.53, along with a total volume of 1.42 million shares. The stock ended the regular trading session at $44.10, reflecting an upturn of 0.52 percent.
