UMH Properties Inc expected to post a loss of 1 cent a share - Earnings Preview

UMH Properties

01/05/2024 24:15

* UMH Properties Inc  UMH.N   UMH  is expected to show a
rise in
quarterly revenue when it reports  results on May 2 for the
period ending March 31 2024
    * The Freehold New Jersey-based  company is expected to
report a
6.2% increase in revenue to $55.892 million from $52.61 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for UMH Properties Inc is
for a
loss of 1 cent per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"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 UMH
Properties
Inc is $18.25​, above​ its last closing price of $15.92. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.23        0.22       0.23      Beat    4.5
 Sep. 30 2023  0.22        0.23       0.22      Missed  -2.2
 Jun. 30 2023  0.21        0.22       0.21      Missed  -3.3​
 Mar. 31 2023  0.21        0.21       0.18      Missed  -14.3
 ​​Dec.        0.22        0.23       0.20      Missed  -11.1
 31 2022                                                
 Sep. 30 2022  0.22        0.22       0.21      Missed  -5.8​
 Jun. 30 2022  0.19        0.19       0.16      Missed  -16.4
 Mar. 31 2022  0.20        0.20       0.17      Missed  -15.6
 This summary was machine generated April 30 at 23:15 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)