Urban Edge Properties Reports First Quarter 2026 Results
Urban Edge Properties delivered Q1 FFO as Adjusted of $0.36 per share, topping the prior year's $0.35, driven by rent commencements and higher net recovery revenue. Management raised the low end of its full-year 2026 FFO as Adjusted guidance to $1.48 per share from a previous range of $1.47-$1.52, citing strong leasing spreads and robust pipeline.
Key figures
- Eps
- 0.18
- Revenue
- $132,624,000
- Guidance
- FFO as Adjusted $1.48-$1.52 per diluted share, raised from $1.47-$1.52
AI analysis
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