earnings
confidence high
sentiment positive
materiality 0.75
UDR beats Q2 expectations, raises full-year 2026 guidance ranges
UDR, Inc.
- Q2 2026 net income $0.21/diluted share vs $0.11 YoY; FFOA $0.64 (flat YoY).
- Same-store revenue grew 1.8% YoY, NOI up 1.4% YoY; expense growth 2.6%.
- Raised full-year 2026 net income guidance midpoint to $1.07 (up $0.11) and FFOA to $2.53 (up $0.01).
- Raised full-year same-store NOI growth midpoint to 0.625% (up 50bps) and revenue to 1.375% (up 12.5bps).
- Company to pay first monthly dividend this week (transition from quarterly).