Will UE's Q1 2025 earnings beat forecasts like Q3 2024?
4/5/2025 02:24pm
**Urban Edge Properties (UE) is likely to beat earnings forecasts in Q1 2025**, based on several indicators suggesting improved financial performance and strategic initiatives that bode well for the company's profitability.
1. **Consistent Improvement in EPS**: UE's EPS has shown a significant upward trajectory, from $0.04 in Q3 2024 to $0.35 estimated for Q1 2025. This indicates a strong potential for the company to surpass earnings expectations.
2. **Strategic Growth Initiatives**: The company has executed 79 new leases totaling 485,000 square feet, demonstrating its ability to generate revenue from existing properties. This strategic move is likely to contribute positively to earnings.
3. **Record Occupancy and Redevelopment Projects**: UE has reported record occupancy rates and is undertaking strategic redevelopment projects poised for high returns. These projects are expected to enhance the company's financial performance in the coming quarters.
4. **Historical Performance**: UE's Q4 2024 earnings call highlighted a significant increase in net income and FFO, with revenues exceeding projections. This historical performance suggests that the company has the potential to exceed earnings expectations once again.
In conclusion, based on the substantial increase in EPS estimates, strategic initiatives, and historical performance, UE is poised to likely beat earnings forecasts in Q1 2025.