UDR Q3 AFFO Unchanged as Revenue Falls

MT newswire2026/11/02 21:18

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05:18 PM EST, 11/02/2026 (MT Newswires) -- UDR (UDR) reported Q3 adjusted funds from operations late Monday of $0.65 per diluted share, unchanged from a year earlier. Analysts polled by FactSet expected $0.53. Revenue in the three months ended Sept. 30 fell to $428.1 million from $431.9 million a year earlier. Analysts projected $427.8 million. The company expects Q4 adjusted funds from operations of $0.63 to $0.65 per diluted share. Analysts project $0.54. UDR adjusted its full-year adjusted funds from operations guidance to $2.54 to $2.56 a share from the prior forecast of $2.49 to $2.57. Analysts project $2.17.

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