WASHINGTON (dpa-AFX) - Wednesday, UDR, Inc. (UDR) announced its preliminary third-quarter financial report and raised its full-year financial outlook.
The company expects third-quarter net income of $0.67 per share, compared to the previously provided guidance range of $0.13 to $0.15 per share.
It anticipates FFOA per share of $0.65, which represents the high end of the previously provided guidance range of $0.63 to $0.65 per share.
Concurrently, UDR raised its full-year 2026 net income guidance to $1.58-$1.60 per diluted share, up from $1.03-$1.11, increasing the midpoint by $0.52.
The company also raised its full-year adjusted FFO guidance to $2.54-$2.56 per diluted share, compared with the previous range of $2.49-$2.57, an increase of $0.02 at the midpoint.
In pre-market hours, UDR was trading at $35.25, up 2.44 percent on the NYSE.
Copyright(c) 2026 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
© 2026 AFX News
