What Can We Expect From Urban Edge Properties ($UE) Q3 2024 Earnings?

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On Wednesday 30th October 2024, Urban Edge Properties (NYSE: UE) will be releasing its third quarter financial results. This much awaited announcement will be made before market open.

The latest projections from financial analysts on Wall Street suggest that the company is likely to reveal an estimated $0.33 profit per share for the quarter. Additionally, the company is expected to announce revenueS of $106.29 million for the period.

In the preceding quarter of the previous year, the company shared its financial results, revealing that it had income of $0.32 per share.

The company's full-year performance projections, as provided by Wall Street analysts, suggest a total revenue of $430.91 million. Further, they expect the earnings per share to achieve profit of $0.32 for the fiscal year.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $0.32 +6.7% 106.55 M +7.6%
Q1 2024 $0.33 +3.1% 109.63 M +10.2%
Q4 2023 $0.31 -6.1% 116.58 M +14.8%
Q3 2023 $0.32 +6.7% 101.83 M +3.6%
Q2 2023 $0.30 0% 99.07 M +1.2%
*Growth on year-over-year basis

 

The organization will host a conference call with investment community on 30th October 2024 at 08:30 AM eastern time to discuss the financial results.

The previous trading day saw Urban Edge Properties (UE) shares trading between $21.92 and $22.23, besides a volume of 663.90 thousand shares. The stock closed Monday's regular trading session at $22.16, reflecting 1.60 percent rise.