Urban Edge Properties (UE) Misses Q1 EPS by 26c

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Go back to Urban Edge Properties (UE) Misses Q1 EPS by 26c

Urban Edge Properties Reports Strong First Quarter 2023 Results

May 9, 2023 7:00 AM EDT

NEW YORK--(BUSINESS WIRE)-- Urban Edge Properties (NYSE: UE) (the "Company") today announced its results for the quarter ended March 31, 2023.

Urban Edge achieved a strong start to 2023 as we continued to execute on our growth strategy," said Jeff Olson, Chairman and CEO. "We are very pleased with the momentum of our leasing activity, highlighted by our signed but not open pipeline which has grown for the fourth consecutive quarter, increasing by $10 million to $31 million since the first quarter of 2022, and representing approximately 13% of current annualized NOI. In addition, we are thrilled with the... More