Urban Edge Properties reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 101.73 million compared to USD 98.18 million a year ago. Revenue was USD 101.83 million compared to USD 98.29 million a year ago. Net income was USD 36.12 million compared to USD 11.38 million a year ago. Basic earnings per share from continuing operations was USD 0.31 compared to USD 0.1 a year ago. Diluted earnings per share from continuing operations was USD 0.31 compared to USD 0.1 a year ago.
For the nine months, sales was USD 299.86 million compared to USD 295.05 million a year ago. Revenue was USD 300.34 million compared to USD 296.35 million a year ago. Net income was USD 27.26 million compared to USD 32.5 million a year ago. Basic earnings per share from continuing operations was USD 0.23 compared to USD 0.28 a year ago. Diluted earnings per share from continuing operations was USD 0.23 compared to USD 0.28 a year ago.