Sun Communities Inc reports results for the quarter ended June 30 - Earnings Summary
Sun Communities Inc reports results for the quarter ended June 30 - Earnings Summary
Sun Communities Inc SUI.N reported quarterly adjusted earnings of 67 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $-1.23. The mean expectation of nine analysts for the quarter was for earnings of 67 cents per share. Wall Street expected results to range from 33 cents to 79 cents per share.
Revenue fell 2.3% to $609.10 million from a year ago; analysts expected $628.77 million.
Sun Communities Inc's reported EPS for the quarter was a loss of $8.08.
The company reported a quarterly loss of $992.7 million.
Sun Communities Inc shares had risen by 1.6% this quarter and lost 1.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 2.7% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 4 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the residential reits peer group is also "buy"
Wall Street's median 12-month price target for Sun Communities Inc is $139.00, about 12.6% above its last closing price of $121.44
This summary was machine generated from LSEG data July 27 at 09:40 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 1.76 | 1.84 | Beat |
Mar. 31 2026 | 1.31 | 1.40 | Beat |
Dec. 31 2025 | 1.36 | 2.18 | Beat |
Sep. 30 2025 | 2.17 | 2.28 | Beat |
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