UDR, Inc. Q3 Earnings Advance 4%

(RTTNews) - UDR, Inc. (UDR) released a profit for its third quarter that increased compared to the same period last year.

The company said its bottom line advanced to $139.60 million, or $0.43 per share. This was up from $134.11 million, or $0.41 per share, in last year's third quarter.

The company said revenue for the quarter rose 3.2% to $251.09 million. This was up from $243.25 million last year.

UDR, Inc. earnings at a glance:

-Earnings (Q3): $139.60 Mln. vs. $134.11 Mln. last year. -Earnings Growth (Y-o-Y): 4.1% -EPS (Q3): $0.43 vs. $0.41 last year. -EPS Growth (Y-o-Y): 4.9% -Revenue (Q3): $251.09 Mln vs. $243.25 Mln last year. -Revenue Change (Y-o-Y): 3.2%

-Guidance: Next quarter EPS guidance: $0.42 to $0.44 Full year EPS guidance: $1.71 to $1.73