Urban Edge Props Q3 FFO Per Share As Adjusted $0.32 Vs $0.30 Prior Year, Sales $101.83M Beat $86.12M Estimate
Portfolio Pulse from Benzinga Newsdesk
Urban Edge Props (NYSE:UE) reported Q3 FFO as Adjusted of $0.32 per share, a 6.67% increase from last year. The company also reported quarterly sales of $101.83 million, beating the analyst consensus estimate of $86.12 million by 18.25% and marking a 3.61% increase from last year.
October 31, 2023 | 11:05 am
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Urban Edge Props reported a 6.67% increase in Q3 FFO as Adjusted and an 18.25% beat on sales estimates, indicating strong performance.
Urban Edge Props reported increased FFO and sales that beat estimates, indicating strong financial performance. This is likely to positively impact investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100