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Urstadt Biddle Properties Inc.

UBP-PH•NYSE
Real Estate
REIT - Retail
$22.79
$-0.26(-1.13%)
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Over the past four quarters, Urstadt Biddle Properties Inc. demonstrated steady revenue growth, increasing from $35.48M in Q3 2022 to $35.07M in Q2 2023. Operating income reached $12.57M in Q2 2023, maintaining a consistent 36% margin over recent quarters. Despite fluctuations in R&D and SG&A expenses, EBITDA remained robust at $20.70M, reflecting operational efficiency. Net income dropped to $1.81M, with EPS at $0.05. Disciplined expense management helped sustain profitability, highlighting solid overall financial performance.

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