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Jun 30, 2021
Urban Edge Q2 2021 Earnings Report
Reported second quarter results with positive momentum in leasing activity.
Key Takeaways
Urban Edge Properties reported positive second quarter results, driven by strength in the retail industry and higher leasing volumes. Net income attributable to common shareholders was $12.5 million, or $0.11 per diluted share. Same-property NOI increased by 23.9%.
Net income attributable to common shareholders was $12.5 million, or $0.11 per diluted share.
FFO as Adjusted was $34.5 million, or $0.28 per share.
Same-property NOI increased by 23.9%.
Consolidated portfolio leased occupancy of 89.8%.
Forward Guidance
No specific forward guidance was provided in the earnings report.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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