04:58 PM EDT, 07/30/2024 (MT Newswires) -- UDR (UDR) late Tuesday reported Q2 adjusted funds from operations of $0.55 per diluted share, same as year earlier.

Analysts polled by Capital IQ expected $0.54.

Revenue for the quarter ended June 30 was $415.3 million, compared with $404.5 million a year earlier.

Analysts expected $414.6 million.

For Q3, the real estate investment trust is projecting AFFO of $0.54 to $0.56.

Analysts are looking for $0.54.

For 2024, the company also is now projecting AFFO in a range of $2.16 to $2.24 compared with its prior range expecting $2.12 to $2.24. Analyst have been expecting $2.19.

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