Benzinga | Aug 6, 2020 05:35PM EDT

Urban Edge Props Q2 Adj. FFO $0.18 Down From $0.30 YoY, EPS $0.27, Sales $73.62M Miss $82.52M Estimate

Urban Edge Props (NYSE:UE) reported quarterly earnings of $0.18 per share. This is a 40 percent decrease over earnings of $0.30 per share from the same period last year. The company reported quarterly sales of $73.62 million which missed the analyst consensus estimate of $82.52 million by 10.79 percent. This is a 28.35 percent decrease over sales of $102.75 million the same period last year.