secwatch.observer — SEC 8-K summary
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Issuer:     UDR, Inc. (UDR)
CIK:        0000074208
Form:       8-K
Filed at:   2023-04-26T23:59:59+00:00
Accession:  0000074208-23-000040
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/74208/000007420823000040/0000074208-23-000040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/74208/000007420823000040/udr-20230426x8k.htm
  HTML page:      https://secwatch.observer/filing/0000074208-23-000040

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer