Urban Edge Properties
NYSE:UE
Income Statement
Earnings Waterfall
Urban Edge Properties
Revenue
|
416.9m
USD
|
Cost of Revenue
|
-146.1m
USD
|
Gross Profit
|
270.8m
USD
|
Operating Expenses
|
-146m
USD
|
Operating Income
|
124.8m
USD
|
Other Expenses
|
123.5m
USD
|
Net Income
|
248.3m
USD
|
Income Statement
Urban Edge Properties
Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||||||||||||||
Revenue |
312
N/A
|
316
+1%
|
317
+0%
|
318
+1%
|
322
+1%
|
323
+0%
|
322
0%
|
323
+0%
|
323
+0%
|
326
+1%
|
369
+13%
|
379
+3%
|
393
+4%
|
407
+4%
|
380
-7%
|
393
+3%
|
411
+5%
|
414
+1%
|
413
0%
|
414
+0%
|
393
-5%
|
388
-1%
|
383
-1%
|
354
-8%
|
339
-4%
|
330
-3%
|
332
+1%
|
353
+6%
|
384
+9%
|
425
+11%
|
430
+1%
|
434
+1%
|
425
-2%
|
398
-6%
|
397
0%
|
398
+0%
|
402
+1%
|
417
+4%
|
|
Gross Profit | |||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(118)
|
(112)
|
(117)
|
(117)
|
(116)
|
(110)
|
(107)
|
(106)
|
(106)
|
(107)
|
(107)
|
(111)
|
(116)
|
(122)
|
(127)
|
(138)
|
(149)
|
(149)
|
(150)
|
(145)
|
(136)
|
(139)
|
(133)
|
(128)
|
(127)
|
(124)
|
(133)
|
(140)
|
(144)
|
(145)
|
(145)
|
(147)
|
(149)
|
(149)
|
(145)
|
(144)
|
(143)
|
(146)
|
|
Gross Profit |
195
N/A
|
204
+5%
|
199
-2%
|
202
+1%
|
206
+2%
|
213
+4%
|
215
+1%
|
217
+1%
|
217
+0%
|
219
+1%
|
261
+19%
|
268
+3%
|
277
+3%
|
286
+3%
|
253
-11%
|
255
+1%
|
262
+3%
|
265
+1%
|
263
-1%
|
269
+2%
|
257
-4%
|
249
-3%
|
250
+0%
|
227
-9%
|
212
-6%
|
206
-3%
|
199
-3%
|
213
+7%
|
240
+13%
|
280
+16%
|
284
+2%
|
286
+1%
|
276
-4%
|
249
-10%
|
253
+1%
|
255
+1%
|
260
+2%
|
271
+4%
|
|
Operating Income | |||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(78)
|
(73)
|
(75)
|
(77)
|
(80)
|
(91)
|
(85)
|
(86)
|
(87)
|
(85)
|
(88)
|
(99)
|
(106)
|
(116)
|
(122)
|
(130)
|
(133)
|
(139)
|
(141)
|
(133)
|
(132)
|
(132)
|
(133)
|
(142)
|
(144)
|
(145)
|
(115)
|
(134)
|
(135)
|
(132)
|
(136)
|
(140)
|
(140)
|
(142)
|
(140)
|
(140)
|
(142)
|
(146)
|
|
Selling, General & Administrative |
(22)
|
(19)
|
(21)
|
(23)
|
(25)
|
(34)
|
(28)
|
(29)
|
(29)
|
(29)
|
(30)
|
(31)
|
(31)
|
(34)
|
(35)
|
(35)
|
(38)
|
(39)
|
(41)
|
(41)
|
(40)
|
(38)
|
(38)
|
(46)
|
(46)
|
(49)
|
(48)
|
(39)
|
(40)
|
(39)
|
(42)
|
(43)
|
(43)
|
(43)
|
(41)
|
(40)
|
(39)
|
(37)
|
|
Depreciation & Amortization |
(56)
|
(54)
|
(54)
|
(54)
|
(55)
|
(57)
|
(57)
|
(57)
|
(58)
|
(56)
|
(58)
|
(68)
|
(75)
|
(82)
|
(88)
|
(95)
|
(95)
|
(99)
|
(100)
|
(92)
|
(92)
|
(94)
|
(96)
|
(97)
|
(98)
|
(96)
|
(96)
|
(95)
|
(95)
|
(92)
|
(94)
|
(96)
|
(97)
|
(98)
|
(99)
|
(100)
|
(102)
|
(109)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
28
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
117
N/A
|
131
+12%
|
125
-5%
|
125
0%
|
126
+1%
|
122
-3%
|
130
+7%
|
132
+1%
|
131
0%
|
134
+3%
|
173
+29%
|
170
-2%
|
171
+1%
|
169
-1%
|
131
-23%
|
125
-4%
|
129
+3%
|
126
-2%
|
122
-4%
|
135
+11%
|
125
-7%
|
117
-7%
|
117
+0%
|
84
-28%
|
68
-19%
|
61
-10%
|
84
+37%
|
79
-6%
|
105
+32%
|
148
+41%
|
148
0%
|
147
-1%
|
136
-8%
|
108
-21%
|
113
+4%
|
115
+2%
|
118
+3%
|
125
+6%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(54)
|
(55)
|
(57)
|
(57)
|
(56)
|
(55)
|
(54)
|
(53)
|
(52)
|
(51)
|
(51)
|
(52)
|
(53)
|
(54)
|
(55)
|
(55)
|
(56)
|
(57)
|
(56)
|
(57)
|
(57)
|
(57)
|
(58)
|
(63)
|
(66)
|
(68)
|
(68)
|
(64)
|
(61)
|
(58)
|
(57)
|
(56)
|
(57)
|
(58)
|
(59)
|
(63)
|
(66)
|
(72)
|
|
Non-Reccuring Items |
(15)
|
(9)
|
(31)
|
(31)
|
(26)
|
(24)
|
(2)
|
(2)
|
(2)
|
(1)
|
(6)
|
(6)
|
(8)
|
(43)
|
(35)
|
(34)
|
(32)
|
(2)
|
(10)
|
(15)
|
(15)
|
(13)
|
(11)
|
27
|
26
|
26
|
0
|
(5)
|
(4)
|
(1)
|
0
|
0
|
(0)
|
0
|
(34)
|
(35)
|
8
|
7
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
16
|
16
|
16
|
16
|
0
|
0
|
0
|
0
|
51
|
53
|
53
|
70
|
31
|
70
|
71
|
93
|
82
|
40
|
40
|
12
|
12
|
19
|
19
|
7
|
7
|
0
|
0
|
1
|
0
|
0
|
218
|
|
Pre-Tax Income |
48
N/A
|
68
+41%
|
37
-45%
|
37
-2%
|
43
+17%
|
43
-1%
|
74
+74%
|
92
+25%
|
93
+0%
|
97
+5%
|
132
+36%
|
112
-16%
|
111
-1%
|
73
-34%
|
41
-43%
|
86
+109%
|
93
+9%
|
121
+29%
|
125
+4%
|
94
-25%
|
124
+32%
|
118
-5%
|
141
+20%
|
131
-7%
|
69
-48%
|
59
-14%
|
28
-52%
|
22
-21%
|
59
+162%
|
109
+86%
|
98
-10%
|
98
0%
|
79
-19%
|
50
-37%
|
20
-59%
|
18
-10%
|
61
+232%
|
278
+357%
|
|
Net Income | |||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1)
|
(2)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
1
|
(4)
|
(3)
|
(4)
|
(4)
|
(1)
|
(1)
|
14
|
13
|
39
|
39
|
25
|
25
|
(1)
|
(2)
|
(3)
|
(2)
|
(3)
|
(3)
|
(2)
|
(18)
|
(18)
|
|
Income from Continuing Operations |
47
|
66
|
36
|
35
|
42
|
41
|
73
|
92
|
93
|
97
|
132
|
110
|
109
|
73
|
41
|
86
|
94
|
117
|
122
|
90
|
120
|
116
|
140
|
144
|
82
|
98
|
67
|
48
|
84
|
108
|
97
|
96
|
77
|
47
|
18
|
16
|
42
|
260
|
|
Income to Minority Interest |
0
|
0
|
1
|
(0)
|
(2)
|
(3)
|
(4)
|
(6)
|
(6)
|
(6)
|
(9)
|
(8)
|
(9)
|
(6)
|
(4)
|
(9)
|
(9)
|
(12)
|
(12)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(4)
|
(4)
|
(3)
|
(2)
|
(4)
|
(5)
|
(4)
|
(4)
|
(2)
|
(1)
|
(0)
|
(0)
|
(1)
|
(11)
|
|
Net Income (Common) |
47
N/A
|
66
+41%
|
36
-45%
|
35
-5%
|
40
+15%
|
39
-3%
|
69
+78%
|
87
+26%
|
87
+0%
|
91
+4%
|
123
+35%
|
102
-16%
|
100
-2%
|
67
-33%
|
37
-45%
|
77
+108%
|
84
+9%
|
105
+25%
|
110
+5%
|
83
-25%
|
113
+36%
|
109
-3%
|
133
+21%
|
138
+4%
|
78
-43%
|
94
+20%
|
64
-31%
|
46
-29%
|
79
+73%
|
103
+30%
|
92
-10%
|
91
-1%
|
75
-18%
|
46
-38%
|
18
-62%
|
16
-7%
|
41
+152%
|
248
+506%
|
|
EPS (Diluted) |
0.47
N/A
|
0.63
+34%
|
0.36
-43%
|
0.34
-6%
|
0.4
+18%
|
0.39
-3%
|
0.69
+77%
|
0.87
+26%
|
0.87
N/A
|
0.91
+5%
|
1.13
+24%
|
0.85
-25%
|
0.91
+7%
|
0.57
-37%
|
0.32
-44%
|
0.67
+109%
|
0.73
+9%
|
0.92
+26%
|
0.86
-7%
|
0.69
-20%
|
0.93
+35%
|
0.91
-2%
|
1.1
+21%
|
1.17
+6%
|
0.65
-44%
|
0.79
+22%
|
0.55
-30%
|
0.39
-29%
|
0.68
+74%
|
0.85
+25%
|
0.79
-7%
|
0.78
-1%
|
0.61
-22%
|
0.39
-36%
|
0.16
-59%
|
0.15
-6%
|
0.33
+120%
|
2.11
+539%
|