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Urban Edge Properties (UE)
:UE
Earnings Data
Report Date
Jul 30, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.09Last Year’s EPS
0.26Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Apr 30, 2025
|% Change Since: 1.83%
|Next Earnings Date:Jul 30, 2025
Earnings Call Sentiment|Positive
The earnings call reflected a strong performance in the first quarter with record earnings and leasing achievements. However, there were concerns about economic volatility and a slowdown in the investment sales market.Company Guidance
In the Urban Edge Properties first quarter 2025 earnings call, the company reported impressive financial results with an FFO as adjusted of $0.35 per share, marking a 6% increase over the previous year and a record high for the company. The same-property NOI rose by 3.8%, aided by robust leasing activity with 42 leases covering 434,000 square feet, including 18 new leases with a 34% cash leasing spread. Tenant retention remained strong at 95%, and shop occupancy reached a new high of 92.4%. The company completed $66 million in property dispositions at a 5% cap rate and reaffirmed its 2025 FFO guidance of $1.37 to $1.42 per share, despite economic uncertainties. Urban Edge highlighted its strategic advantages, including a dense market presence in the D.C. to Boston corridor, a robust $25 million signed-but-not-open pipeline, and a significant redevelopment pipeline expected to yield a 14% return. The company maintains a solid balance sheet with $800 million in liquidity and minimal debt maturities through 2026, positioning it well for future growth and economic volatility.Record FFO and Highest Quarterly Earnings
Reported FFO as adjusted of $0.35 per share, a 6% increase over the first quarter of last year and the highest quarterly earnings result in Urban Edge's 10-year history.
Strong Leasing Performance
Executed 42 leases totaling 434,000 square feet with a same-space cash leasing spread of 34%. Tenant retention ratio remains high at 95%.
New Record Shop Occupancy
Shop occupancy grew to a new record of 92.4%, with a leasing pipeline that remains strong.
Successful $25 Million Land Sale
Sold 8 acres of land at Bergen Town Center for $25 million, approved for 460 residential units. Under contract to sell 2 more properties for $41 million.
Redevelopment Projects Completion
Completed redevelopment projects at four locations at an aggregate cost of $22 million.
Healthy Balance Sheet and Liquidity
Approximately $800 million of total liquidity with a conservative balance sheet isolating market risk to individual assets.
UE Earnings History
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
UE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 30, 2025 | $18.01 | $17.89 | -0.67% |
Feb 12, 2025 | $20.33 | $20.76 | +2.12% |
Oct 30, 2024 | $21.52 | $21.96 | +2.04% |
Jul 31, 2024 | $19.98 | $19.58 | -2.00% |
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 Urban Edge Properties (UE) report earnings?
Urban Edge Properties (UE) is schdueled to report earning on Jul 30, 2025, TBA Not Confirmed.
What is Urban Edge Properties (UE) earnings time?
Urban Edge Properties (UE) earnings time is at Jul 30, 2025, TBA Not 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 UE EPS forecast?
UE EPS forecast for the fiscal quarter 2025 (Q2) is 0.09.