UDR (UDR) Beats Q2 FFO and Revenue Estimates

UDR (UDR) came out with quarterly funds from operations (FFO) of $0.64 per share, beating the Zacks Consensus Estimate of $0.62 per share. This compares to FFO of $0.62 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of +3.23%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.61 per share when it actually produced FFO of $0.61, delivering no surprise. Over the last four quarters, the company ...