UDR Q3 EPS $0.06 misses guidance; raises full-year FFOA midpoint

UDR, Inc.

2024-Q3 EPS reported $0.28 revenue$1,249,114,000

Q3 net income per share $0.06 vs guidance $0.08-$0.10 and $0.10 prior year.
FFO per share $0.60 (guidance $0.60-$0.62); FFOA $0.62; AFFO $0.54.
Same-store NOI grew 0.8% YoY; revenue +1.2%, expenses +2.0%.
Issued $300M of 10-year senior unsecured debt at 5.08% effective rate.
Raised full-year 2024 FFOA midpoint to $2.48 from $2.46; AFFO to $2.22.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.