Group 1: Financial Performance - UDR reported quarterly funds from operations (FFO) of $0.61 per share, matching the Zacks Consensus Estimate and remaining unchanged from the previous year [1] - The company posted revenues of $419.84 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 0.35% but showing an increase from $411.67 million year-over-year [2] - UDR has surpassed consensus revenue estimates two times over the last four quarters [2] Group 2: Market Performance - UDR shares have declined approximately 5% since the beginning of the year, compared to a decline of 5.5% for the S&P 500 [3] - The stock is currently rated Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Group 3: Future Outlook - The current consensus FFO estimate for the upcoming quarter is $0.62 on revenues of $425.47 million, and for the current fiscal year, it is $2.50 on revenues of $1.71 billion [7] - The outlook for the REIT and Equity Trust - Residential industry is currently in the bottom 42% of Zacks industries, which may impact UDR's stock performance [8]
UDR (UDR) Q1 FFO Meet Estimates