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Urban Edge Properties (UE)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsMar-31-23Sep-30-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21Mar-31-21
   10-Q10-Q10-Q10-Q10-K10-Q10-Q10-Q
REVENUE          
Revenues          
    Total revenue   424.9433.5429.6425.1383.8352.8332.4
            Total revenue growth   10.7%22.9%29.3%28.8%13.3%-0.4% 
EXPENSES          
Depreciation and amortization   97.496.294.092.394.994.695.4
Real estate taxes   63.763.363.263.863.162.261.7
Property operating   73.171.269.468.568.165.961.9
General and administrative   42.542.841.639.240.438.947.5
    Total expenses   356.6353.8348.8424.7433.2428.2504.7
Gain on sale of real estate    7.3  18.6 11.7
Interest income   0.80.60.40.40.50.71.1
Interest and debt expense   -57.3-56.6-57.1-57.9-61.3-64.8-68.7
    Income (loss) before income taxes   79.598.298.4109.058.622.428.3
Income tax expense   -2.5-2.6-1.8-1.125.025.238.9
    Net income (loss)   77.095.796.6107.883.547.667.2
   
Less net (income) loss attributable to NCI in:          
Operating partnership   -3.0-3.7-3.8-4.3-10.1-9.2-7.3
    Net income (loss) attributable to common shareholders   74.991.392.3102.779.245.864.5
   
Earnings per common share - Basic (in dollars per share)   $0.65$0.79$0.80$0.89$0.68$0.39$0.55
Earnings per common share - Diluted (in dollars per share)   $0.65$0.79$0.80$0.89$0.68$0.39$0.55
   
Weighted average shares outstanding - Basic (in shares)   117.3117.2117.1117.0117.2117.1117.0
Weighted average shares outstanding - Diluted (in shares)   119.5118.4118.3118.2117.3117.1117.0
Net income (loss)   77.095.796.6107.883.547.667.2
   
    Comprehensive income (loss)          
Less comprehensive loss attributable to NCI in Operating partnership   0.00.0     
Less net (income) loss attributable to NCI in Operating partnership   -3.0-3.7-3.8-4.3-10.1-9.2-7.3
    Comprehensive income (loss) attributable to common shareholders   33.048.849.8 40.312.5 

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