Urban Edge Props Q2 AFFO $0.30 Beats $0.28 Estimate, Sales $99.06M Beat $72.94M Estimate
Portfolio Pulse from Benzinga Newsdesk
Urban Edge Props (NYSE:UE) reported Q2 AFFO of $0.30 per share, beating the analyst consensus estimate of $0.28 by 7.14%. The company also reported quarterly sales of $99.06 million, surpassing the analyst consensus estimate of $72.94 million by 35.82%. This represents a 1.24% increase over sales of $97.85 million the same period last year.
August 04, 2023 | 10:59 am
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Urban Edge Props reported better than expected Q2 results, with both AFFO per share and sales beating estimates.
Urban Edge Props reported Q2 results that exceeded analyst estimates, which is likely to have a positive impact on its stock price in the short term. The company's AFFO per share beat estimates by 7.14% and sales beat estimates by 35.82%, indicating strong financial performance.
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