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

Sun Communities

27/04/2023 24:20

* Sun Communities Inc  SUI.N  reported a quarterly adjusted
loss
of 24 cents​​ per share for the quarter ended in March. The mean
expectation of six analysts for the quarter was for a loss of 3
cents per share.
    * Revenue rose 18.7% to $651.20 million from a year ago;
analysts
expected $616.79 million. 
    * Sun Communities Inc's reported EPS for the quarter was a
loss
of 24 cents​.
    * The mean earnings estimate of analysts had fallen by
about 13.2%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Sun Communities Inc shares had fallen by 1.5% this
quarter and
lost 3.0% so far this year.
    * The company reported a quarterly loss of $30.1 million.
    * Wall Street's median 12-month price target for Sun
Communities
Inc is $160.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
April 26 at 11:20 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      1.19           1.23           Beat
 Dec. 31 2022      1.26           1.33           Beat
 Sep. 30 2022      2.55           2.65           Beat
 Jun. 30 2022      2.00           2.02           Beat