The earnings call reflects a positive sentiment with better-than-expected performance in revenue and NOI growth, raised full-year guidance, and strong balance sheet management. However, challenges in the Sunbelt and some regional markets indicate areas of concern.

Company Guidance -

Q3 2025

During UDR's second quarter 2025 earnings call, the company reported that its same-store revenue, expense, and NOI growth surpassed initial guidance, driven by a 2.8% blended lease rate growth and a significant 10% increase in income from rentable items. The company raised its full-year FFOA per share guidance range to $2.49 to $2.55, reflecting a $0.02 per share improvement. UDR also reported a strong occupancy rate of 96.9% and a notable reduction in resident turnover by 420 basis points year-over-year. Regionally, the East and West Coasts exhibited robust performance with occupancy rates of 97.2% and 96.9%, respectively, while Sunbelt markets showed signs of improvement despite lingering supply challenges. UDR's investment-grade balance sheet remains strong, with over $1.1 billion in liquidity, and the company remains focused on capital allocation to drive long-term growth.

Higher Than Expected Revenue and NOI Growth

Second quarter year-over-year same-store revenue and NOI growth of 2.5% and 2.9%, respectively, exceeded expectations due to blended lease rate growth of 2.8%, higher occupancy at 96.9%, and a 10% income growth from rentable items.

Raised Full Year Same-Store Growth Guidance

Based on year-to-date performance, UDR raised its full year 2025 same-store growth guidance for revenue, increasing the midpoint by 25 basis points to a new range of 1.75% to 3.25%.

Top Workplace Winner and New CFO

UDR was named Top Workplace Winner in the real estate industry for the second consecutive year and welcomed Dave Bragg as the new Chief Financial Officer.

Favorable Occupancy and Pricing Power

Occupancy averaged 96.9% in the second quarter, and strategic decisions in lease management led to favorable pricing power and reduced concessions.

Strong Balance Sheet and Liquidity

UDR maintains a strong balance sheet with more than $1.1 billion of liquidity and a low debt maturity schedule through 2026, reducing refinancing risk.

UDR (UDR) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

UDR Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 22, 2025	2025 (Q3)	0.14 / -	0.06	―	―	―
Jul 30, 2025	2025 (Q2)	0.12 / 0.11	0.08	37.50% (+0.03)	―
Apr 30, 2025	2025 (Q1)	0.15 / 0.23	0.13	76.92% (+0.10)
Feb 05, 2025	2024 (Q4)	0.06 / -0.02	0.1	-120.00% (-0.12)
Oct 30, 2024	2024 (Q3)	0.10 / 0.06	0.1	-40.00% (-0.04)	―
Jul 30, 2024	2024 (Q2)	0.10 / 0.08	1.05	-92.38% (-0.97)	―
Apr 30, 2024	2024 (Q1)	0.10 / 0.13	0.09	44.44% (+0.04)	―
Feb 06, 2024	2023 (Q4)	0.11 / 0.10	0.13	-23.08% (-0.03)
Oct 26, 2023	2023 (Q3)	0.11 / 0.10	0.07	42.86% (+0.03)	―
Jul 26, 2023	2023 (Q2)	0.12 / 1.05	0.01	10400.00% (+1.04)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

UDR Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 30, 2025	$39.79	$39.29	-1.26%
Apr 30, 2025	$41.44	$42.15	+1.71%
Feb 05, 2025	$41.34	$42.09	+1.81%
Oct 30, 2024	$42.20	$40.88	-3.13%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does UDR (UDR) report earnings?

UDR (UDR) is schdueled to report earning on Oct 22, 2025, After Close (Confirmed).

What is UDR (UDR) earnings time?

UDR (UDR) earnings time is at Oct 22, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is UDR EPS forecast?

UDR EPS forecast for the fiscal quarter 2025 (Q3) is 0.14.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing