secwatch.observer — SEC 8-K summary
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Issuer:     UDR, Inc. (UDR)
CIK:        0000074208
Form:       8-K
Filed at:   2025-04-30T23:59:59+00:00
Accession:  0000074208-25-000032
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UDR Q1 net income $0.23 beat prior year but FFO $0.58 below guidance; reaffirms FY 2025 outlook
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- Net income $0.23 diluted EPS vs guidance $0.24-$0.26, up 77% YoY from $0.13.
- FFO per share $0.58 below guidance $0.60-$0.62, down 3% YoY; FFOA flat at $0.61.
- Same-store NOI +2.8% YoY; revenue +2.6%, expense +2.3%.
- Completed $211.5M in asset sales (Leonard Pointe $127.5M, One William $84.0M).
- Reaffirmed FY 2025 FFO guidance $2.45-$2.55; Q2 FFO guidance $0.61-$0.63.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/74208/000007420825000032/0000074208-25-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/74208/000007420825000032/udr-20250430x8k.htm
  HTML page:      https://secwatch.observer/filing/0000074208-25-000032

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