UDR Q1 FFO Lower, Revenue Higher; Sets Outlook

MT Newswires Live
01 May

UDR (UDR) reported Q1 funds from operations late Wednesday of $0.58 per share, down from $0.60 a year earlier.

Revenue for the quarter ended March 31 was $421.95 million, up from $413.63 million a year earlier.

The company said it expects Q2 FFO of $0.61 to $0.63 per share.

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