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Jun 30, 2024
UDR Q2 2024 Earnings Report
UDR's second quarter results were announced, and the full-year 2024 guidance ranges were raised.
Key Takeaways
UDR announced its second quarter 2024 results, with total revenue increasing by $10.8 million YOY to $415.3 million. The company also raised full-year 2024 FFOA per diluted share and same-store growth guidance expectations.
Net Income per diluted share was $0.08.
FFO per diluted share was $0.60.
FFOA per diluted share was $0.62.
AFFO per diluted share was $0.55.
UDR
UDR
Forward Guidance
The Company has established the following guidance ranges for the third quarter of 2024 and has updated its previously provided full-year 2024 Net Income per diluted share, FFO per diluted share, FFOA per diluted share, AFFO per diluted share, and Same-Store growth guidance ranges.