Urban Edge Properties (UE)
Owns and redevelops grocery-anchored retail centers along the Washington, D.C.-to-Boston corridor.
$19.81
vs last close−0.30 (−1.52%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 102 | 117 | 110 | 107 | 112 | 116 | 118 | 114 | 120 | 120 | 133 | 123 |
| Cost of revenue | 87 | 99 | 115 | 115 | 105 | 113 | 113 | 99 | 109 | 110 | 46 | 41 |
| Gross profit | 15 | 18 | −5 | −9 | 7 | 3 | 5 | 15 | 12 | 10 | 87 | 82 |
| −15 | −19 | −26 | −27 | −22 | −24 | −23 | −16 | −23 | −24 | 45 | 45 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12 | 10 | |
| General & administrative | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12 | 10 |
| Other expenses | −15 | −19 | −26 | −27 | −22 | −24 | −23 | −16 | −23 | −24 | 32 | 35 |
| Operating income | 30 | 37 | 21 | 19 | 29 | 28 | 28 | 31 | 34 | 33 | 42 | 37 |
| 25 | 195 | −18 | 14 | −19 | 5 | −19 | 30 | −18 | −20 | −19 | −18 | |
| Interest income | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 1 |
| Interest expense | 19 | 23 | 21 | 22 | 20 | 20 | 20 | 20 | 19 | 20 | 17 | 20 |
| Other non-operating income | −44 | −217 | −2 | −36 | −1 | −24 | −1 | −50 | −1 | 0 | 1 | −1 |
| Income before tax | 55 | 232 | 3 | 33 | 10 | 32 | 9 | 61 | 16 | 14 | 24 | 19 |
| Income tax expense | 17 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 1 |
| Net income from continuing operations | 38 | 232 | 2 | 32 | 9 | 32 | 8 | 61 | 16 | 13 | 24 | 19 |
| Net income | 36 | 221 | 3 | 31 | 9 | 30 | 8 | 58 | 15 | 12 | 23 | 18 |
| EPS, basic | $0.61 | $1.88 | $0.02 | $0.26 | $0.07 | $0.24 | $0.07 | $0.46 | $0.12 | $0.10 | $0.18 | $0.14 |
| EPS, diluted | $0.59 | $1.88 | $0.02 | $0.26 | $0.07 | $0.23 | $0.07 | $0.46 | $0.12 | $0.10 | $0.18 | $0.14 |
| Weighted average shares, basic | 118 | 118 | 118 | 119 | 123 | 125 | 126 | 126 | 126 | 126 | 126 | 126 |
| Weighted average shares, diluted | 122 | 118 | 123 | 119 | 123 | 130 | 126 | 126 | 126 | 131 | 131 | 132 |
| EBITDA | 101 | 286 | 62 | 94 | 64 | 89 | 66 | 114 | 72 | 66 | 74 | 73 |
| Depreciation & amortization | 27 | 31 | 39 | 40 | 35 | 37 | 37 | 33 | 37 | 33 | 32 | 35 |
| EBIT | 74 | 254 | 24 | 54 | 30 | 52 | 29 | 81 | 36 | 33 | 41 | 38 |
