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Urban Edge Properties (NYSE:UE) Issues Earnings Results, Beats Expectations By $0.03 EPS
['Sarita Garza']
Markets Daily
Urban Edge Properties (NYSE:UE – Get Free Report) issued its earnings results on Thursday.
Urban Edge Properties had a net margin of 13.72% and a return on equity of 4.92%.
Here are the key takeaways from Urban Edge Properties’ conference call:Get Urban Edge Properties alerts:Urban Edge reported record second-quarter FFO as adjusted of $0.40 per share , up 10% year over year, while same-property NOI increased 3.2%.
Urban Edge Properties Trading Up 0.3%Shares of Urban Edge Properties stock traded up $0.06 during trading hours on Friday, reaching $21.59.
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