$0.35 EPS Expected for Urban Edge Properties (UE)

October 13, 2017 - By Adrian Mccoy

 $0.35 EPS Expected for Urban Edge Properties (UE)

Analysts await Urban Edge Properties (NYSE:UE) to report earnings on November, 1 after the close. They expect $0.35 EPS, up 9.37 % or $0.03 from last year’s $0.32 per share. UE’s profit will be $39.78 million for 18.16 P/E if the $0.35 EPS becomes a reality. After $0.33 actual EPS reported by Urban Edge Properties for the previous quarter, Wall Street now forecasts 6.06 % EPS growth. The stock increased 1.48% or $0.37 during the last trading session, reaching $25.43. About 524,582 shares traded. Urban Edge Properties (NYSE:UE) has declined 6.37% since October 14, 2016 and is downtrending. It has underperformed by 23.07% the S&P500.

Urban Edge Properties (NYSE:UE) Ratings Coverage

Among 3 analysts covering Urban Edge Properties (NYSE:UE), 0 have Buy rating, 1 Sell and 2 Hold. Therefore 0 are positive. Urban Edge Properties had 5 analyst reports since September 8, 2015 according to SRatingsIntel. The firm has “Equal Weight” rating by CapitalOne given on Monday, December 21. The firm has “Neutral” rating by Credit Suisse given on Thursday, August 4. The firm has “Underperform” rating given on Monday, August 14 by Evercore.

Urban Edge Properties is a real estate investment trust. The company has market cap of $2.89 billion. The Firm is focused on managing, developing, redeveloping and acquiring retail real estate in urban communities, in the New York metropolitan region. It has a 25.89 P/E ratio. Urban Edge Properties LP serves as its partnership subsidiary and owns, through affiliates, all of its real estate properties and other assets.

Another recent and important Urban Edge Properties (NYSE:UE) news was published by Nasdaq.com which published an article titled: “Ex-Dividend Reminder: EastGroup Properties, Urban Edge Properties and …” on September 12, 2017.

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