Urban Edge Properties (UE) Tops Q4 EPS by 13c, Revenues Beat

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Urban Edge Properties Reports Fourth Quarter and Full Year 2020 Results

February 17, 2021 4:15 PM EST

-- Declares First Quarter Dividend of $0.15 per Common Share --

NEW YORK--(BUSINESS WIRE)-- Urban Edge Properties (NYSE: UE) (the "Company") today announced its results for the quarter and year ended December 31, 2020.

Financial Results(1)(2)

Generated net income attributable to common shareholders of $19.0 million, or $0.16 per diluted share, for the quarter compared to $3.4 million, or $0.03 per diluted share, for the fourth quarter of 2019 and $93.6 million, or $0.79 per diluted share, for the year ended December 31, 2020 compared to $109.5 million, or $0.91 per diluted share, for the year ended December 31,... More