Urban Edge Properties (UE) Tops Q2 EPS by 1c

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Go back to Urban Edge Properties (UE) Tops Q2 EPS by 1c

Urban Edge Properties Reports Second Quarter 2022 Results

August 3, 2022 7:00 AM EDT

NEW YORK--(BUSINESS WIRE)-- Urban Edge Properties (NYSE: UE) (the "Company") today announced its results for the quarter ended June 30, 2022.

We achieved record levels of leasing activity in the quarter with the highest volume in over six years, said Jeff Olson, Chairman and CEO. We are building on our leasing momentum by attracting high-quality tenants that best meet the needs of the surrounding communities.

Financial Results(1)(2)

Generated net income attributable to common shareholders of $11.6 million, or $0.10 per diluted share, for the second quarter of 2022 compared to $12.5 million, or... More