Urban Edge Properties Reports Strong Q1 Earnings and Raises Guidance
Urban Edge Properties reported first-quarter FFO as adjusted of $0.36 per share, up 3% year-over-year, driven by strong leasing activity and rent commencements. The company raised its full-year FFO guidance to a range of $1.48–$1.52 per share and boosted same-property NOI growth expectations.
Tickers: $UE