April 25, 2018 / 8:43 PM / 3 months ago

BRIEF-UDR Reports Q1 FFO Per Share Of $0.47

April 25 (Reuters) - UDR Inc:

* UDR ANNOUNCES FIRST QUARTER 2018 RESULTS

* Q1 REVENUE $253.3 MILLION VERSUS I/B/E/S VIEW $252.7 MILLION

* SEES FY AFFO PER SHARE $1.76 TO $1.80

* QTRLY YEAR-OVER-YEAR SAME-STORE REVENUE GROWTH WAS 3.0 PERCENT

* SEQUENTIAL SAME-STORE NOI UP 0.5 PERCENT IN Q1 ON SAME-STORE REVENUE GROWTH OF 1.0 PERCENT AND 2.4 PERCENT INCREASE IN SAME-STORE EXPENSES

* QTRLY YEAR-OVER-YEAR SAME-STORE NET OPERATING INCOME GROWTH 2.7 PERCENT

* REAFFIRMED FULL-YEAR 2018 EARNINGS AND SAME-STORE GUIDANCE RANGES Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)

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