Sun Communities Inc reports results for the quarter ended March 31 - Earnings Summary

Sun Communities

05/05/2025 23:42

Sun Communities Inc SUI.N reported a quarterly adjusted loss of 34 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -22 cents.  The mean expectation of six analysts for the quarter was for a loss of 4 cents per share. Wall Street expected results to range from -27 cents to 20 cents per share.

Revenue fell 30% to $470.20 million from a year ago; analysts expected $576.60 million.

Sun Communities Inc's reported EPS for the quarter was a loss of 34 cents​.

The company reported a quarterly loss of $42.8 million.

Sun Communities Inc shares had risen by 2.8% this quarter and gained 7.5% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 9.8% 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 7 "strong buy" or "buy," 5 "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 $135.00

This summary was machine generated from LSEG data May 5 at 10:42 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
Mar. 31 2025
1.14
1.26
Beat
Dec. 31 2024
1.40
1.41
Beat
Sep. 30 2024
2.51
2.34
Missed
Jun. 30 2024
1.88
1.86
Missed