Urban Edge Props Q3 FFO $0.35 Beats $0.33 Estimate, Sales $112.43M Beat $112.26M Estimate
Portfolio Pulse from Benzinga Newsdesk
Urban Edge Properties (NYSE:UE) reported Q3 earnings of $0.35 per share, surpassing the $0.33 estimate and showing a 9.37% increase from last year. Sales reached $112.43M, slightly above the $112.26M estimate, marking a 10.40% increase from the previous year.
October 30, 2024 | 11:05 am
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Urban Edge Properties reported Q3 earnings of $0.35 per share, beating the $0.33 estimate and showing a 9.37% increase from last year. Sales were $112.43M, slightly above the $112.26M estimate, marking a 10.40% increase from the previous year.
Urban Edge Properties exceeded both earnings and sales estimates for Q3, indicating strong financial performance. The earnings per share increased by 9.37% compared to last year, and sales grew by 10.40%. This positive performance is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100