Compared to Estimates, UDR (UDR) Q4 Earnings: A Look at Key Metrics

Core Insights - UDR reported revenue of $420.44 million for the quarter ended December 2024, reflecting a 2.3% increase year-over-year, but a slight miss of 0.02% against the Zacks Consensus Estimate of $420.52 million [1] - The company's EPS for the quarter was $0.63, significantly higher than $0.10 in the same quarter last year, aligning with the consensus estimate [1] Financial Performance - Average Physical Occupancy stood at 96.6%, matching the estimates from four analysts [4] - Rental income was reported at $420.44 million, exceeding the average estimate of $419.14 million from eight analysts, marking a 2.3% increase year-over-year [4] - Revenue from joint venture management and other fees was $2.29 million, slightly above the average estimate of $2.05 million, but represented a 3.8% decline year-over-year [4] - Net Earnings Per Share (Diluted) was reported at $0.02, below the average estimate of $0.06 from eight analysts [4] Market Performance - UDR shares have returned +1.5% over the past month, compared to a +1.7% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]