UMH Properties Inc expected to post a loss of 2 cents a share - Earnings Preview

UMH Properties

05/08/2023 03:20

* UMH Properties Inc  UMH.N   UMH  is expected to show a
rise in
quarterly revenue when it reports  results on August 8. 
    * The Freehold New Jersey-based  company is expected to
report  a
11.5% increase in revenue to $54.866 million from $49.22 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for UMH Properties Inc
is for
a loss of 2 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"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 $19.5​, above​ its last closing price of $16.23. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.21        0.21       0.18      Missed  -14.3
 Dec. 31 2023  0.22        0.23       0.20      Missed  -11.1
 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.        0.20        0.20       0.17      Missed  -15.6
 31 2022                                                
 Dec. 31 2021  0.23        0.23       0.20      Missed  -11.4​
 Sep. 30 2021  0.22        0.22       0.23      Beat    6.2
 Jun. 30 2021  0.21        0.21       0.22      Beat    4.8
 This summary was machine generated August 5 at 02:20 GMT.  All
figures in US dollars  unless otherwise stated