Urban Edge Props's Earnings: A Preview
Urban Edge Properties UE | 21.60 21.60 | +0.05% 0.00% Post |
Urban Edge Props (NYSE:UE) is set to give its latest quarterly earnings report on Tuesday, 2023-10-31. Here's what investors need to know before the announcement.
Analysts estimate that Urban Edge Props will report an earnings per share (EPS) of $0.28.
Urban Edge Props bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Here's a look at Urban Edge Props's past performance and the resulting price change:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | ||||
| EPS Actual | 0.3 | 0.32 | 0.33 | 0.3 |
| Price Change % | -0.06% | 0.42% | -0.06% | 4.42% |
Stock Performance
Shares of Urban Edge Props were trading at $14.47 as of October 27. Over the last 52-week period, shares are up 4.35%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Urban Edge Props visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
