Urstadt Biddle Properties Inc  (UBP)

Urstadt Biddle Properties Inc announced 3.361%, rise in their revenue, in the May to July 31 2022 three months

UBP delivered third quarter of 2022 operating income of $13.783 million

Published 2022-09-09T12:02:18+00:00
Goran Soko / CSIMarket.com Contributer

pexels-photo-443383 UBP announced declining eps on increasing revenue in the May to July 31 2022, where Revenue grew by 3.361 % to $35.48 million compared to $34.33 million on a year-over-year basis, while income per share dived by -65.12 % to $0.15 per share, income per share was $0.43 in the financial three months ending July 31 2022.

In the preceding financial reporting period the Urstadt Biddle Properties Inc realized Revenue of $36.00 million and bottom line of $0.17 per share.

Net earnings of $10.924 million in the financial time-frame ending July 31 2022 fell by -51.82 % from $22.675 million in the corresponding period a year before. Urstadt Biddle Properties Inc shifted it's focus on improving sales in the financial time-frame ending July 31 2022, as a result net margin eased to 30.79%.
Operating earnings, however, rose 0.2% to $13.783 million.

Urstadt Biddle Properties Inc is expected to report next financial earnings on September 07, 2023.

Urstadt Biddle Properties Inc's Effective Tax Rate

Urstadt Biddle Properties Inc's ROE

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