UDR posts transcript of Q2 2026 earnings call

Reuters2026/08/03 15:18

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UDR’s Q2 2026 earnings call drew CEO Tom Toomey, COO Mike Lacy, CFO Dave Bragg, IR VP Trent Trujillo, Senior Officer Chris Van Ens.
Q2 FFOA per share $0.64; full-year FFOA midpoint raised to $2.53; Q3 FFOA per share outlook $0.63-$0.65.
Guidance raised for same-store revenue to 0.75%-2%; Q2 same-store revenue up 1.8% on 2.1% blended lease growth; occupancy mid-96%.
Strategy shift to let debt and preferred equity book run off; portfolio expected to fall from $380 million to $250-$300 million by year-end; 2026 contribution about $0.10 per share.
Capital moves included $295 million of dispositions under way; share repurchases of 5,500,000 shares for $200 million; first monthly dividend to start this week.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. UDR Inc. published the original content used to generate this news brief on August 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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UDR posts transcript of Q2 2026 earnings call

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