Urban Edge reported Q2 FFO of $0.41, topping estimates by $0.04, as revenue rose 7.6% year-over-year to $122.78M.
Urban Edge reported Q2 funds from operations of $0.41 per share, exceeding estimates by $0.04. Revenue reached $122.78M, up 7.6% year-over-year and $17.7M above consensus.
The company raised its full-year 2026 guidance ranges following first-half results. Prior revenue growth in the comparable period stood at 5.2%, while FFO estimates had centered on $0.37 for the quarter.
No immediate market reaction was disclosed in the release.