UDR(US:UDR) ZACKSยท2025-04-30 23:35Core Insights - UDR reported revenue of $419.84 million for the quarter ended March 2025, reflecting a year-over-year increase of 2% [1] - The earnings per share (EPS) for the same period was $0.61, a significant increase from $0.13 a year ago [1] - The reported revenue fell slightly short of the Zacks Consensus Estimate of $421.31 million, resulting in a surprise of -0.35% [1] - The company did not deliver an EPS surprise, as the consensus EPS estimate was also $0.61 [1] Performance Metrics - UDR's average physical occupancy was reported at 97.2%, exceeding the estimated 96.9% by four analysts [4] - Rental income revenue was $419.84 million, slightly below the seven-analyst average estimate of $421.08 million, but still showing a year-over-year change of +2% [4] - Revenue from joint venture management and other fees was $2.11 million, compared to the $2.14 million average estimate, representing a year-over-year change of +7.5% [4] - Net earnings per share (diluted) were reported at $0.23, surpassing the seven-analyst average estimate of $0.15 [4] Stock Performance - UDR shares have returned -8.7% over the past month, contrasting with the Zacks S&P 500 composite's -0.2% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]