earnings
confidence high
sentiment positive
materiality 0.80
UDR beats Q3 FFOA guidance; raises full-year 2025 FFOA outlook by $0.02
UDR, Inc.
2025-Q3 EPS reported
$0.46
revenue$1,279,211,000
- Q3 FFOA $0.65 per share (guidance $0.62-$0.64); net income $0.12 vs $0.06 YoY; FFO $0.62 (+3% YoY).
- Same-store NOI +2.3% YoY on revenue +2.6% and expense +3.1%.
- Full-year 2025 FFOA guidance raised to $2.53-$2.55 (midpoint $2.54, +$0.02); SS NOI guidance unchanged at 2.0%-2.5%.
- Acquired 406-home community in D.C. suburb for ~$147M; expected Q4 2025 close, funded by dispositions.
- Repurchased 651K shares in Q3 at $38.37 avg; post-quarter 277K more at $36.14 (total ~$35M).
item 2.02item 9.01