WASHINGTON (dpa-AFX) - UDR, Inc. (UDR) announced earnings for its fourth quarter that advanced from the same period last year.
The company's profit totaled $81.17 million, or $0.30 per share. This compares with $68.36 million, or $0.25 per share, in last year's fourth quarter.
Excluding items, UDR, Inc. reported adjusted earnings of $137.06 million or $0.46 per share for the period.
The company's revenue for the quarter rose 5.8% to $267.67 million from $252.88 million last year.
UDR, Inc. earnings at a glance:
-Earnings (Q4): $137.06 Mln. vs. $125.80 Mln. last year. -EPS (Q4): $0.46 vs. $0.42 last year. -Revenue (Q4): $267.67 Mln vs. $252.88 Mln last year.
Copyright RTT News/dpa-AFX