Urban Edge Properties Past Earnings Performance
Past criteria checks 3/6
Urban Edge Properties's earnings have been declining at an average annual rate of -6.7%, while the Retail REITs industry saw earnings growing at 14.4% annually. Revenues have been growing at an average rate of 1.1% per year. Urban Edge Properties's return on equity is 21.3%, and it has net margins of 61%.
Key information
-6.7%
Earnings growth rate
-6.8%
EPS growth rate
| Retail REITs Industry Growth | 8.1% |
| Revenue growth rate | 1.1% |
| Return on equity | 21.3% |
| Net Margin | 61.0% |
| Next Earnings Update | 07 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Urban Edge Properties makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 407 | 248 | 37 | 0 |
| 30 Sep 23 | 402 | 41 | 37 | 0 |
| 30 Jun 23 | 398 | 16 | 38 | 0 |
| 31 Mar 23 | 397 | 18 | 39 | 0 |
| 31 Dec 22 | 398 | 46 | 43 | 0 |
| 30 Sep 22 | 425 | 75 | 42 | 0 |
| 30 Jun 22 | 433 | 91 | 43 | 0 |
| 31 Mar 22 | 430 | 92 | 42 | 0 |
| 31 Dec 21 | 425 | 103 | 39 | 0 |
| 30 Sep 21 | 384 | 79 | 40 | 0 |
| 30 Jun 21 | 353 | 46 | 32 | 0 |
| 31 Mar 21 | 332 | 65 | 40 | 0 |
| 31 Dec 20 | 330 | 94 | 49 | 0 |
| 30 Sep 20 | 339 | 78 | 39 | 0 |
| 30 Jun 20 | 354 | 138 | 46 | 0 |
| 31 Mar 20 | 383 | 133 | 37 | 0 |
| 31 Dec 19 | 388 | 109 | 38 | 0 |
| 30 Sep 19 | 393 | 113 | 40 | 0 |
| 30 Jun 19 | 414 | 83 | 40 | 0 |
| 31 Mar 19 | 413 | 110 | 38 | 0 |
| 31 Dec 18 | 414 | 105 | 35 | 0 |
| 30 Sep 18 | 411 | 84 | 33 | 0 |
| 30 Jun 18 | 393 | 77 | 32 | 0 |
| 31 Mar 18 | 380 | 37 | 33 | 0 |
| 31 Dec 17 | 407 | 67 | 31 | 0 |
| 30 Sep 17 | 393 | 100 | 31 | 0 |
| 30 Jun 17 | 379 | 102 | 31 | 0 |
| 31 Mar 17 | 369 | 123 | 30 | 0 |
| 31 Dec 16 | 326 | 91 | 30 | 0 |
| 30 Sep 16 | 323 | 87 | 29 | 0 |
| 30 Jun 16 | 323 | 87 | 29 | 0 |
| 31 Mar 16 | 322 | 69 | 28 | 0 |
| 31 Dec 15 | 323 | 39 | 26 | 0 |
| 30 Sep 15 | 322 | 40 | 23 | 0 |
| 30 Jun 15 | 319 | 35 | 21 | 0 |
| 31 Mar 15 | 317 | 36 | 19 | 0 |
| 31 Dec 14 | 316 | 66 | 19 | 0 |
| 30 Sep 14 | 312 | 47 | 15 | 0 |
| 30 Jun 14 | 309 | 49 | 16 | 0 |
| 31 Mar 14 | 308 | 48 | 18 | 0 |
| 31 Dec 13 | 303 | 109 | 20 | 0 |
Quality Earnings: 3UE has a large one-off gain of $234.8M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: 3UE's current net profit margins (61%) are higher than last year (11.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 3UE's earnings have declined by 6.7% per year over the past 5 years.
Accelerating Growth: 3UE's earnings growth over the past year (438.1%) exceeds its 5-year average (-6.7% per year).
Earnings vs Industry: 3UE earnings growth over the past year (438.1%) exceeded the Retail REITs industry -19.4%.
Return on Equity
High ROE: Whilst 3UE's Return on Equity (21.28%) is high, this metric is skewed due to their high level of debt.