UDR, Inc. Q3 Profit Climbs 19%

(RTTNews) - UDR, Inc. (UDR) announced earnings for its third quarter that advanced compared to the same period last year.

The company said its bottom line advanced to $120.84 million, or $0.41 per share. This was up from $101.96 million, or $0.37 per share, in last year's third quarter.

The company said revenue for the quarter rose 9.9% to $243.25 million. This was up from $221.42 million last year.

UDR, Inc. earnings at a glance:

-Earnings (Q3): $120.84 Mln. vs. $101.96 Mln. last year. -Earnings Growth (Y-o-Y): 18.5% -EPS (Q3): $0.41 vs. $0.37 last year. -EPS Growth (Y-o-Y): 10.8% -Revenue (Q3): $243.25 Mln vs. $221.42 Mln last year. -Revenue Change (Y-o-Y): 9.9%

-Guidance: Full year EPS guidance: $1.62 - $1.64