UDR, Inc. (NYSE:UDR) is reporting second quarter financial results on Tuesday 28th July 2020, after market close.
According to analysts surveyed by Thomson Reuters, UDR is expected to report 2Q20 income of $ 0.09 per share from revenue of $ 314.79 million.
For the full year, analysts anticipate top line of $ 1256.42 million, while looking forward to income of $ 0.12 per share bottom line.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 2.01 ~ $ 2.05 per share
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Previous Quarter Performance
UDR, Inc. disclosed income for the first quarter of $ 0.54 per share, from the revenue of $ 320.09 million. The quarterly earnings improved 575.00 percent while revenues escalated 19.53 percent compared with the same quarter last year. Wall street analysts are predicting revenue of $ 311.11 million The top line results outshined analysts by $ 8.98 million or 2.89 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of UDR was $ 35.30, representing a 20.89 % increase from the 52 week low of $ 29.20 and a 31.12 % decrease over the 52 week high of $ 51.25.
The company has a market capital of $ 10.41 billion and is part of the Real Estate sector and REIT – Residential industry.
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UDR, Inc. (NYSE: UDR), an S&P 500 company, is a leading multifamily real estate investment trust with a demonstrated performance history of delivering superior and dependable returns by successfully managing, buying, selling, developing and redeveloping attractive real estate properties in targeted U.S. markets.
