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 2023 Results

August 2, 2023 7:00 AM EDT

-- Raises Outlook for Full-Year FFO as Adjusted --

NEW YORK--(BUSINESS WIRE)-- Urban Edge Properties (NYSE: UE) (the "Company") today announced its results for the quarter ended June 30, 2023 and updated its outlook for full-year 2023.

We are pleased to report strong second quarter results that reflect continued progress towards our targeted FFO of $1.35 per share in 2025, said Jeff Olson, Chairman and CEO. "During the quarter, leases representing $6 million of expected annual gross rent were commenced. Additionally, we have a signed pipeline of executed leases that we expect will generate... More