UDR, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 410.89 million compared to USD 398.41 million a year ago. Revenue was USD 413.27 million compared to USD 399.66 million a year ago. Net income was USD 32.99 million compared to USD 44.53 million a year ago. Basic earnings per share from continuing operations was USD 0.1 compared to USD 0.13 a year ago. Diluted earnings per share from continuing operations was USD 0.1 compared to USD 0.13 a year ago.
For the full year, sales was USD 1,620.66 million compared to USD 1,512.36 million a year ago. Revenue was USD 1,627.5 million compared to USD 1,517.39 million a year ago. Net income was USD 444.35 million compared to USD 86.92 million a year ago. Basic earnings per share from continuing operations was USD 1.34 compared to USD 0.26 a year ago. Diluted earnings per share from continuing operations was USD 1.34 compared to USD 0.26 a year ago.