Workflow
Urban Edge Properties (UE) Q1 FFO and Revenues Top Estimates

Urban Edge Properties (UE) came out with quarterly funds from operations (FFO) of 0.35pershare,beatingtheZacksConsensusEstimateof0.35 per share, beating the Zacks Consensus Estimate of 0.34 per share. This compares to FFO of 0.33pershareayearago.Thesefiguresareadjustedfornonrecurringitems.ThisquarterlyreportrepresentsanFFOsurpriseof2.940.33 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 2.94%. A quarter ago, it was expected that this real estate investment trust that owns and manages shopping centers would post FFO of 0.34 per share when it actually produced FFO of $0.34, delivering ...