UDR, Inc. Reports 20% Rise In Q4 Earnings

(RTTNews) - UDR, Inc. (UDR) reported earnings for its fourth quarter that rose from last year.

The company said its bottom line rose to $108.86 million, or $0.37 per share. This was up from $90.69 million, or $0.34 per share, in last year's fourth quarter.

The company said revenue for the quarter rose 13.4% to $237.61 million. This was up from $209.55 million last year.

UDR, Inc. earnings at a glance:

-Earnings (Q4): $108.86 Mln. vs. $90.69 Mln. last year. -Earnings Growth (Y-o-Y): 20.0% -EPS (Q4): $0.37 vs. $0.34 last year. -EPS Growth (Y-o-Y): 8.8% -Revenue (Q4): $237.61 Mln vs. $209.55 Mln last year. -Revenue Change (Y-o-Y): 13.4%

-Guidance: Next quarter EPS guidance: $0.40 - $0.42 Full year EPS guidance: $1.59 - $1.65