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UDR: Q2 Earnings Snapshot
UDR Inc. reported second-quarter funds from operations of 64 cents per share, exceeding analyst estimates of 63 cents. The company also surpassed revenue forecasts with $425.4 million in revenue and $422.9 million in adjusted revenue. UDR expects 63-65 cents per share for the current quarter and $2.49-$2.57 per share for full-year funds from operations.
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