UDR earnings date and guidance
MyStockButler's October 2026 analysis: UDR's next results are due on November 2, 2026. The key thing to watch is whether UDR turns adjusted earnings into durable cash.
What has UDR guided for the year?
On October 21, UDR’s 2026 FFOA guidance was $2.54–$2.56 per share. Ordinary FFO guidance was $2.48–$2.50. Net-income guidance was $1.58–$1.60, helped by property-sale gains.
| Period guided | Low | High | Date given | |
|---|---|---|---|---|
| Net Income (Full-Year 2026) | Year to Dec 2026 | 1.58 | 1.60 | October 21, 2026 |
| FFO (Full-Year 2026) | Year to Dec 2026 | 2.48 | 2.50 | October 21, 2026 |
| FFOA (Full-Year 2026) | Year to Dec 2026 | 2.54 | 2.56 | October 21, 2026 |
| SS NOI | Year to Dec 2026 | 0.8% | 1.2% | October 21, 2026 |
What this means. Funds from operations and funds from operations as adjusted are alternative property-earnings measures, not cash left after recurring building spending.
Has UDR kept its past promises?
Management’s record earns 3/5. Across seven final quarters, FFOA met or beat its range every time, while ordinary FFO missed four times. Annual guidance was cut in 2025 and the FFO midpoint was reduced again in July 2026. The largest miss followed a $37.3 million loan reserve, about $0.10 per diluted share, tied to 1300 Fairmount. The adjusted promise is useful, but excluded costs can still burden the business.
| What management forecast | Checked | Above | Within | Below |
|---|---|---|---|---|
| Net Income per diluted share | 7 quarters | 3 | 2 | 2 |
| FFO per diluted share | 7 quarters | 0 | 3 | 4 |
| FFOA per diluted share | 7 quarters | 2 | 5 | 0 |
What is UDR's revenue and profit trend?
The preceding quarters give a steadier signal. AFFO per share held at the same level through the first half of 2026 and matched the corresponding 2025 quarters. That stability matters more for dividend analysis than a one-quarter rebound supported by technology gains or distorted by unusual charges.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | 425,399 | 425,849 | 433,106 | 431,864 | 425,399 | 421,948 | 422,728 | |
| Net operating income | 286,598 | 289,756 | 282,730 | 294,552 | 292,135 | 290,380 | 285,101 | 291,004 |
| FFO per share | 0.62 | 0.60 | 0.63 | 0.62 | 0.62 | 0.61 | 0.58 | 0.48 |
| AFFO per share (company's measure) | 0.56 | 0.56 | 0.54 | 0.56 | 0.56 | 0.56 | 0.54 |
What this means. The September 2026 figures are preliminary and use some different measures, so they may not be directly comparable with the earlier quarters.
What should you watch in UDR's next release?
Final third-quarter results are due November 2. The November 3 call should clarify the balance sheet and the path into fourth-quarter guidance. Riverside’s stabilization target is the next operating milestone, so occupied apartments, achieved rents and concessions matter more than early construction delivery.