Benzinga | Oct 26, 2021 04:28PM EDT

UDR Sees Q4 2021 FFO $0.30-$0.32; Sees FY21 FFO $1.92-$1.94

Q4 2021

Outlook

Q3 2021

Actual



Updated

Full-Year 2021

Outlook



Prior

Full-Year 2021

Outlook



Change to

2021 Guidance,

at Midpoint

Net Income / (Loss) per share

$0.30 to $0.32

$0.06

$0.41 to $0.43

$0.12 to $0.16

$0.28

FFO per share

$0.52 to $0.54

$0.55

$1.92 to $1.94

$1.85 to $1.89

$0.06

FFOA per share

$0.52 to $0.54

$0.51

$2.00 to $2.02

$1.97 to $2.01

$0.02

AFFO per share

$0.46 to $0.48

$0.46

$1.82 to $1.84

$1.79 to $1.83

$0.02

YOY Growth/(Decline): concessions reflected on a cash basis:

SS Revenue

N/A

5.3%

1.00% to 1.50%

(0.25)% to 0.75%

1.00%

SS Expense

N/A

3.3%

2.75% to 3.50%

1.00% to 3.00%

1.13%

SS NOI

N/A

6.3%

0.25% to 0.75%

(1.00)% to 0.50%

0.75%

YOY Growth/(Decline): concessions reflected on a straight-line basis:

SS Revenue

N/A

1.6%

(1.00)% to (0.50)%

(2.25)% to (1.25)%

1.00%

SS NOI

N/A

0.9%

(2.25)% to (1.75)%

(3.50)% to (2.00)%

0.75%