Sun Communities Inc reports results for the quarter ended in December - Earnings Summary

Sun Communities

23/02/2023 02:58

* Sun Communities Inc  SUI.N  reported quarterly adjusted
earnings
of 4 cents​​ per share for the quarter ended in December. The
mean expectation of four analysts for the quarter was
for earnings of 10 cents per share.
    * Revenue rose 24.3% to $674.30 million from a year ago;
analysts
expected $659.18 million. 
    * Sun Communities Inc's reported EPS for the quarter was 4
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.3%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Sun Communities Inc shares had risen by 8.9% this quarter.
    * The company reported quarterly net income of $4.7 million.
    * Wall Street's median 12-month price target for Sun
Communities
Inc is $166.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
23 at 02:57 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      1.26           1.33           Beat
 Sep. 30 2022      2.55           2.65           Beat
 Jun. 30 2022      2.00           2.02           Beat
 Mar. 31 2022      1.26           1.34           Beat