The company said diluted net income per share for Q2 was $0.11 ($0.08 a year earlier), FFO was $0.61 ($0.60 a year earlier), and FFOA was $0.64 ($0.62 a year earlier). FFOA exceeded the Q2 outlook range of $0.61 to $0.63.

1. 01

   The company said diluted net income per share for Q2 was $0.11 ($0.08 a year earlier), FFO was $0.61 ($0.60 a year earlier), and FFOA was $0.64 ($0.62 a year earlier). FFOA exceeded the Q2 outlook range of $0.61 to $0.63.

2. 02

   UDR said it raised its full-year FFOA per diluted share outlook to $2.49 to $2.55 from $2.45 to $2.55, and its Same-Store NOI growth outlook to 1.50% to 3.00% from 0.50% to 3.00%. It gave outlook for net income at $0.53 to $0.59 and for FFO at $2.42 to $2.48.

3. 03

   The company said total revenue for Q2 rose $10.1 million (2.4%) year over year to $425.4 million. Same-Store revenue for Q2 grew 2.5% year over year, NOI grew 2.9%, and average physical occupancy was 96.9%.

4. 04

   The company said that as of June 30, 2025, total debt was $5.8 billion, and that together with cash and undrawn credit facility capacity, it had about $1.1 billion in liquidity. It fully funded a $13.0 million preferred equity investment in Q2 and received $54.8 million from the full redemption of another preferred equity investment.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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