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0.0505508749189891 0.0505508749189891 0.0505508749189891 0.0505508749189891 0.0469863901490604 0.0401814646791964 0.0259235255994816 0.0116655865197668
Stock impact report

Urstadt Biddle Properties Inc. Reports First Quarter Operating Results For Fiscal 2020

Urstadt Biddle Properties Inc. (UBP) 
US:NYSE Investor Relations: ubproperties.com
Company Research Source: Business Wire
GREENWICH, Conn.--(BUSINESS WIRE)--Urstadt Biddle Properties Inc. (NYSE: UBA and UBP), a real estate investment trust, today reported its operating results for the first quarter ended January 31, 2020.Net income applicable to Class A Common and Common stockholders for its first quarter of fiscal 2020 was $5,071,000 or $0.13 per diluted Class A Common share and $0.12 per diluted Common share compared to $5,854,000 or $0.16 per diluted Class A Common share and $0.14 per diluted Common share in last year’s first quarter.Funds from operations (“FFO”) for the first quarter of fiscal 2020 was $12,897,000 or $0.34 per diluted Class A Common share and $0.30 per diluted Common share compared with $13,537,000 or $0.36 per diluted Class A Common share and $0.32 per diluted Common share in last year’s first quarter.At January 31, 2020, the company’s consolidated properties were 92.8% leased (versus 92.9% at the end of fiscal 2019) and 91.2% occupied (versus 91.4% at the end of fiscal 2019). T Show less Read more
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