NYSE$UDR
UDR Inc · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
UDR reported a net loss per share of ($0.09) and funds from operations (FFO) per share of $0.42 for Q3 2020.
UDR's Q3 2020 results showed resilience, with leasing and occupancy supported by their Next Generation Operating Platform and a strong liquidity position. The company faced challenges in key markets like New York, San Francisco, and Boston, but saw stability in most of its portfolio.
- Net loss per share was ($0.09), FFO per share was $0.42, FFOA per share was $0.50, and AFFO per share was $0.45.
- Net loss attributable to common stockholders was ($26.3) million, compared to net income of $26.2 million in the prior year period.
- The company repurchased approximately 597,500 common shares at an average price of $33.11 per share for total consideration of approximately $19.8 million.
- UDR purchased Village at Valley Forge, a development site in the King of Prussia submarket of Philadelphia, PA, for $16.2 million.
Headline financials
Revenue & EPS history
UDR · Revenue · Quarterly
$310M
Forward guidance
For the fourth quarter of 2020, UDR expects net income per share to be between $0.17 and $0.19, FFO per share to be between $0.47 and $0.49, FFOA per share to be between $0.48 and $0.50 and AFFO per share to be between $0.43 and $0.45.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2020
-0.3%
Avg return
Earnings day
+0.8%
Avg return
5 days after
+1.7%
Avg return
30 days after
50%
34 / 68 earnings
Positive
+5.5%
Q3 2020
Best reaction
-12.1%
Q2 2011
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.3% | +2.2% | +2.0% | |
| Q4 2025 | +4.3% | +0.9% | -4.5% | |
| Q3 2025 | +0.2% | +2.1% | +8.5% | |
| Q1 2025 | +1.7% | +2.3% | -1.1% | |
| Q4 2024 | +1.8% | +1.3% | +5.4% | |
| Q3 2024 | -3.3% | -3.5% | +5.2% | |
| Q2 2024 | -2.6% | -1.4% | +7.2% | |
| Q1 2024 | -2.1% | -0.2% | -1.1% | |
| Q4 2023 | -0.3% | -0.2% | +6.4% | |
| Q3 2023 | -7.1% | -6.4% | -1.9% | |
| Q2 2023 | -3.9% | -3.2% | -7.3% | |
| Q1 2023 | +0.6% | +0.9% | -4.0% | |
| Q4 2022 | +1.1% | +1.6% | -3.0% | |
| Q3 2022 | -3.2% | -2.0% | +0.4% | |
| Q2 2022 | +1.0% | +5.1% | +3.5% | |
| Q1 2022 | -3.2% | -7.9% | -17.7% | |
| Q4 2021 | +1.2% | -1.9% | +1.7% | |
| Q3 2021 | +1.4% | +1.6% | +5.5% | |
| Q2 2021 | +0.7% | -0.4% | -4.3% | |
| Q1 2021 | -2.2% | -0.8% | +0.4% | |
| Q4 2020 | +1.9% | +4.3% | +6.4% | |
| Q3 2020 | +5.5% | +16.8% | +32.5% | |
| Q2 2020 | -0.1% | +2.5% | -1.0% | |
| Q1 2020 | +3.4% | +3.2% | +13.9% | |
| Q4 2019 | -0.2% | +1.9% | -16.5% | |
| Q3 2019 | +2.7% | +1.4% | -2.1% | |
| Q2 2019 | -1.1% | -0.6% | +3.3% | |
| Q1 2019 | +0.2% | +0.2% | -0.4% | |
| Q4 2018 | +0.3% | +0.1% | +1.8% | |
| Q3 2018 | +3.6% | -0.1% | +7.3% | |
| Q2 2018 | +4.0% | +5.8% | +8.3% | |
| Q1 2018 | +1.7% | +2.8% | +1.0% | |
| Q4 2017 | -1.1% | -1.1% | +0.9% | |
| Q3 2017 | +0.7% | -0.1% | +2.2% | |
| Q2 2017 | +0.0% | +1.1% | +0.9% | |
| Q1 2017 | +2.3% | +3.1% | +6.0% | |
| Q4 2016 | +0.1% | -0.7% | +4.4% | |
| Q3 2016 | +1.9% | +0.7% | -0.6% | |
| Q2 2016 | -2.8% | +0.4% | -2.7% | |
| Q1 2016 | +0.3% | — | — | |
| Q4 2015 | +0.6% | — | — | |
| Q3 2015 | -0.4% | — | — | |
| Q2 2015 | -0.3% | — | — | |
| Q1 2015 | +1.0% | — | — | |
| Q4 2014 | +0.4% | — | — | |
| Q3 2014 | -0.0% | — | — | |
| Q2 2014 | +1.2% | — | — | |
| Q1 2014 | +0.1% | — | — | |
| Q4 2013 | +2.9% | — | — | |
| Q3 2013 | -0.4% | — | — | |
| Q2 2013 | -1.6% | — | — | |
| Q1 2013 | -0.7% | — | — | |
| Q4 2012 | +0.9% | — | — | |
| Q3 2012 | +0.2% | — | — | |
| Q2 2012 | -1.2% | — | — | |
| Q1 2012 | -0.2% | — | — | |
| Q4 2011 | -1.6% | — | — | |
| Q3 2011 | +0.1% | — | — | |
| Q2 2011 | -12.1% | — | — | |
| Q1 2010 | -1.5% | — | — | |
| Q1 2011 | +1.9% | — | — | |
| Q4 2010 | -1.4% | — | — | |
| Q4 2008 | -1.4% | — | — | |
| Q3 2010 | -3.3% | — | — | |
| Q3 2009 | -3.3% | — | — | |
| Q2 2010 | -2.3% | — | — | |
| Q2 2009 | -2.3% | — | — | |
| Q4 2009 | -2.3% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro