---
schema_version: "secwatch.filing_event.v1"
accession: "0000074208-23-000040"
form_type: "8-K"
ticker: "UDR"
cik: "0000074208"
company_name: "UDR, Inc."
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T14:28:09.609119+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# UDR Q1 2023 FFOA per share $0.60, up 9% YoY; same-store NOI up 11.7%

## Summary
- Net income per diluted share $0.09 (vs guidance $0.10-$0.12); FFO per share $0.59 (guidance $0.59-$0.61).
- FFOA per share $0.60, up 9% YoY; AFFO per share $0.57, up 12% YoY.
- Same-store revenue growth 9.6% YoY (straight-line); same-store NOI growth 11.7% YoY.
- Completed construction of The MO ($145M, 300 homes) in Washington, D.C.; stabilized two developments.
- Reaffirmed full-year 2023 guidance; Q2 2023 FFOA guidance $0.60-$0.62.

## SEC filing metadata
- accession: 0000074208-23-000040
- form_type: 8-K
- ticker: UDR
- cik: 0000074208
- company_name: UDR, Inc.
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/74208/000007420823000040/0000074208-23-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/74208/000007420823000040/udr-20230426x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000074208-23-000040
- JSON: https://secwatch.observer/filing/0000074208-23-000040.json
- Plain text: https://secwatch.observer/filing/0000074208-23-000040.txt

## Key facts
- Earnings Releases
  UDR, Inc. reported the quarter ended March 31, 2023 results: EPS $0.09. Guidance reaffirmed.
  - Period: the quarter ended March 31, 2023
  - EPS: $0.09
  - Guidance: reaffirmed
  - Result: reported results
  source text: Net Income, Funds from Operations (“FFO”), FFO as Adjusted (“FFOA”), and Adjusted FFO (“AFFO”) per diluted share for the quarter ended March 31, 2023 are detailed below.
  evidence_url: https://www.sec.gov/Archives/edgar/data/74208/000007420823000040/0000074208-23-000040-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.