Urban Edge Properties Past Earnings Performance
Past criteria checks 4/6
Urban Edge Properties has been growing earnings at an average annual rate of 19%, while the Retail REITs industry saw earnings growing at 10.3% annually. Revenues have been growing at an average rate of 3.4% per year. Urban Edge Properties's return on equity is 20.6%, and it has net margins of 60.5%.
Key information
19.0%
Earnings growth rate
19.2%
EPS growth rate
| Retail REITs Industry Growth | 8.5% |
| Revenue growth rate | 3.4% |
| Return on equity | 20.6% |
| Net Margin | 60.5% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Urban Edge Properties: Improving Quality But High Valuation
Nov 10Urban Edge Properties: A Small-Cap REIT Poised To Benefit From Lower Interest Rates
Oct 09Urban Edge Properties: An Undercovered REIT Gem That Should Be On Your Radar
Jun 30Urban Edge: Pick Up This Real Estate Gem While It's Undervalued
Jan 05Urban Edge: Large Tenants, Impressive Redevelopment Pipeline, And Cheap
Oct 09Urban Edge: Best To Wait For A Discount
Sep 18Urban Edge: Positive Catalysts Support Upside Potential Of Over 15% (Ratings Upgrade)
Jun 05Urban Edge: Unlikely To Edge Significantly Higher In 2023
Feb 23Urban Edge AFFO of $0.33 beats by $0.03, revenue of $101.59M beats by $3.84M
Feb 14Urban Edge Properties achieves record leasing activity for 2022; occupancy climbs
Jan 10Urban Edge goes ex-dividend tomorrow
Dec 13Urban Edge Properties: Reasonably Valued In The Current Environment
Nov 09Urban Edge appoints Jeffrey Mooallem as COO
Oct 19Urban Edge adds advertising exec to board, names Norman Jenkins lead trustee
Aug 25Urban Edge AFFO of $0.30 beats by $0.02, revenue of $97.85M beats by $1.94M
Aug 03Revenue & Expenses Breakdown
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 |
|---|---|---|---|---|
| 30 Sep 24 | 435 | 263 | 37 | 0 |
| 30 Jun 24 | 425 | 290 | 37 | 0 |
| 31 Mar 24 | 417 | 270 | 37 | 0 |
| 31 Dec 23 | 407 | 248 | 37 | 0 |
| 30 Sep 23 | 402 | 41 | 39 | 0 |
| 30 Jun 23 | 398 | 16 | 40 | 0 |
| 31 Mar 23 | 397 | 18 | 41 | 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: UE has a large one-off gain of $262.7M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: UE's current net profit margins (60.5%) are higher than last year (10.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: UE's earnings have grown by 19% per year over the past 5 years.
Accelerating Growth: UE's earnings growth over the past year (544.1%) exceeds its 5-year average (19% per year).
Earnings vs Industry: UE earnings growth over the past year (544.1%) exceeded the Retail REITs industry 2.1%.
Return on Equity
High ROE: Whilst UE's Return on Equity (20.6%) is high, this metric is skewed due to their high level of debt.