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UDR, Inc. Q4 adjusted earnings of $0.48 per share

UDR, Inc. (UDR) released a profit for its fourth quarter that advanced from last year.

The company's earnings totaled $96.93 million, or $0.33 per share. This compares with $81.17 million, or $0.30 per share, in last year's fourth quarter.

Excluding items, UDR, Inc. reported adjusted earnings of $153.17 million or $0.48 per share for the period.

The company's revenue for the quarter rose 13.9% to $304.82 million from $267.67 million last year.

UDR, Inc. earnings at a glance:

-Earnings (Q4): $153.17 Mln. vs. $137.06 Mln. last year.
-EPS (Q4): $0.48 vs. $0.46 last year.
-Revenue (Q4): $304.82 Mln vs. $267.67 Mln last year.

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