---
schema_version: "secwatch.filing_event.v1"
accession: "0001611547-24-000028"
form_type: "8-K"
ticker: "UE"
cik: "0001611547"
company_name: "Urban Edge Properties"
filed_at: "2024-05-07T23:59:59+00:00"
generated_at: "2026-06-02T18:38:44.324495+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Urban Edge Properties Q1 FFO as Adj $0.33/share; raises full-year guidance to $1.30 midpoint

## Summary
- Net income $2.6M ($0.02/diluted); FFO as Adj $0.33 vs $0.32 YoY.
- Same-property NOI growth 2.2% (3.7% incl. redevelopment); retail shop occupancy up 340bps to 88.4%.
- Acquired Heritage Square ($34M, 7.8% cap) and Ledgewood Commons ($83M, 7.9% cap) in NJ; funded via mortgage debt, asset sales.
- Raised 2024 FFO as Adj guidance to $1.27-$1.32/share (midpoint $1.30); cites strong Q1 and accretive acquisitions.
- Total liquidity $712M; net debt to market cap 41%; weighted average debt maturity 5 years.

## SEC filing metadata
- accession: 0001611547-24-000028
- form_type: 8-K
- ticker: UE
- cik: 0001611547
- company_name: Urban Edge Properties
- filed_at: 2024-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1611547/000161154724000028/0001611547-24-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1611547/000161154724000028/ue-20240507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001611547-24-000028
- JSON: https://secwatch.observer/filing/0001611547-24-000028.json
- Plain text: https://secwatch.observer/filing/0001611547-24-000028.txt

## Key facts
- Earnings Releases
  Urban Edge Properties reported the quarter ended March 31, 2024 results: net income $ 2,603, EPS 0.02. Guidance raised.
  - Period: the quarter ended March 31, 2024
  - Net income: $ 2,603
  - EPS: 0.02
  - Guidance: raised
  - Result: reported results
  source text: Financial Results (1)(2) (in thousands, except per share amounts) 1Q24 1Q23 Net income (loss) attributable to common shareholders $ 2,603 $ (19,118) Net income (loss) per diluted share 0.02 (0.16)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1611547/000161154724000028/0001611547-24-000028-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.