earnings
confidence high
sentiment positive
materiality 0.75
UDR Q2 FFOA $0.64 beats guidance; raises FY 2025 FFOA outlook
UDR, Inc.
2025-Q2 EPS reported
$0.34
revenue$847,347,000
- Q2 FFOA $0.64 above guidance midpoint $0.62; FFO $0.61 in line; Net Income $0.11 vs $0.08 prior.
- Same-store NOI up 2.9% YoY; FY same-store NOI growth guidance raised to midpoint 2.25% from 1.75%.
- FY 2025 FFOA guidance raised to $2.49-$2.55 midpoint $2.52; Net Income/FFO guidance lowered slightly.
- Appointed Dave Bragg as CFO; Joe Fisher retains President and CIO roles.
- Funded $13M preferred equity at 12% in San Francisco; received $54.8M from redemption of prior investment.
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