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Dec 31, 2024
UDR Q4 2024 Earnings Report
Expected Revenue:$421M
+2.9% YoY
Expected EPS:$0.63
0.0% YoY
Key Takeaways
UDR announced its fourth quarter and full-year 2024 results. Total revenue increased by $9.5 million YOY, or 2.3 percent, to $422.7 million. FFO per diluted share was $0.48 and net income per diluted share was $(0.02).
Total revenue increased by $9.5 million YOY, or 2.3 percent, to $422.7 million.
Same-Store revenue, expense, and NOI growth in the fourth quarter was better than expected.
The Company completed the sales of Leonard Pointe for gross proceeds of $127.5 million and One William for gross proceeds of $84.0 million subsequent to quarter-end.
The Company published its sixth annual ESG report during the quarter.
UDR
UDR
Forward Guidance
The Company has established the following guidance ranges for the first quarter and full-year 2025.