Sun Communities Inc expected to post earnings of 10 cents a share - Earnings Preview

Sun Communities

14/02/2025 21:26

* Sun Communities Inc  SUI.N   SUI  is expected to show a
fall in
quarterly revenue when it reports  results on February 18
(estimated) for the period ending December 31 2024
    * The Southfield Michigan-based  company is expected to
report a
0.6% decrease in revenue to $722.179 million from $726.7 million
a year ago, according to the mean estimate from 6 analysts,
based on LSEG data. (SAL Represents Total Revenue)
    * ​LSEG's mean analyst estimate for Sun Communities Inc is
for
earnings of 10 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 7
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Sun
Communities
Inc is $132.00​, above​ its last closing price of $126.61. ​​​

The company's guidance on November 6 2024 for the period ended
December 31 was for Funds Flow from Operations between USD1.37
and USD1.45.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  2.51        2.51       2.34      Missed  -6.8
 Jun. 30 2024  1.88        1.88       1.86      Missed  -1.1
 Mar. 31 2024  1.17        1.17       1.19      Beat    1.9​
 Dec. 31 2023  1.32        1.32       1.34      Beat    1.6
 ​​Sep.        2.47        2.48       2.57      Beat    3.5
 30 2023                                                
 Jun. 30 2023  1.94        1.95       1.96      Beat    0.7​
 Mar. 31 2023  1.19        1.18       1.23      Beat    4.1
 Dec. 31 2022  1.26        1.26       1.33      Beat    5.4
 This summary was machine generated February 14 at 21:26 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)