7/102 sources · 2 publishersUpdated Nov 2, 21:39 UTC
UDR lifts 2026 earnings and FFO guidance after Q3 results
UDR reported third‑quarter FFO of $0.65 per share, a $0.01 beat, and revenue of $428.08 million, down 0.9% year‑over‑year. The company used the results to raise its 2026 net‑income, FFOA per diluted share and same‑store growth guidance and announced the closing of an Apollo partnership. Management will discuss the updates on its November 3 earnings call.
Why it matters
The raised 2026 guidance suggests higher future earnings and cash flow, which could support the stock price. Analysts’ consensus forecasts for Q4 FFO ($0.64) and full‑year FFO ($2.54) provide a benchmark against the new guidance.
Key facts
- 1Q3 revenue was $428.08 million, down 0.9% year‑over‑year. seekingalpha.com
- 2Q3 FFO was $0.65 per diluted share, beating estimates by $0.01. seekingalpha.com
- 3UDR raised its 2026 net‑income, FFOA per diluted share and same‑store growth guidance. tradingview.com
- 4The company updated its FFO per diluted share range (specific numbers not disclosed). tradingview.com
- 5UDR closed a partnership with Apollo. tradingview.com
- 6Consensus forecasts list Q4 FFO at $0.64 per share and full‑year FFO at $2.54 per share. seekingalpha.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.