UDR Q3 2024 AFFO $0.54, Sales $418.088M Miss $418.228M Estimate
Portfolio Pulse from Benzinga Newsdesk
UDR reported its Q3 2024 financial results, with AFFO at $0.54 and sales of $418.088 million, slightly missing the sales estimate of $418.228 million.
October 30, 2024 | 8:17 pm
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UDR's Q3 2024 financial results show AFFO of $0.54 and sales of $418.088 million, slightly missing the sales estimate of $418.228 million.
UDR's reported sales were slightly below the market estimate, which could lead to a negative short-term reaction in the stock price as investors may view the miss as a sign of weaker-than-expected performance.
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