Sun Communities Inc expected to post earnings of 65 cents a share - Earnings Preview

Sun Communities

29/07/2024 23:39

* Sun Communities Inc  SUI.N   SUI  is expected to show a
rise in
quarterly revenue when it reports  results on July 31 for the
period ending June 30 2024
    * The Southfield Michigan-based  company is expected to
report a
3.1% increase in revenue to $890.623 million from $863.5 million
a year ago, according to the mean estimate from 7 analysts,
based on LSEG data. (SAL Represents Total Revenue)
    * ​LSEG's mean analyst estimate for Sun Communities Inc is
for
earnings of 65 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 5
"hold" and no "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 $136.00​, above​ its last closing price of $125.61. ​​​

The company's guidance on April 29 2024 for the period ended
June 30 was for Funds Flow from Operations between USD1.83 and
USD1.91.
This summary was machine generated July 29 at 22:39 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)