UDR, Inc. Profit Rises 14% In Q3

(RTTNews) - UDR, Inc. (UDR) revealed earnings for its third quarter that climbed from last year.

The company said its bottom line rose to $101.96 million, or $0.37 per share. This was higher than $89.74 million, or $0.34 per share, in last year's third quarter.

The company said revenue for the quarter rose 7.1% to $221.42 million. This was up from $206.75 million last year.

UDR, Inc. earnings at a glance:

-Earnings (Q3): $101.96 Mln. vs. $89.74 Mln. last year. -Earnings Growth (Y-o-Y): 13.6% -EPS (Q3): $0.37 vs. $0.34 last year. -EPS Growth (Y-o-Y): 8.8% -Revenue (Q3): $221.42 Mln vs. $206.75 Mln last year. -Revenue Change (Y-o-Y): 7.1%

-Guidance: Next quarter EPS guidance: $0.36 - $0.38 Full year EPS guidance: $1.49 - $1.51