UMH Properties Inc expected to post a loss of 4 cents a share - Earnings Preview

UMH Properties

06/05/2023 03:06

* UMH Properties Inc  UMH.N   UMH  is expected to show a
rise in
quarterly revenue when it reports  results on May 9. 
    * The Freehold New Jersey-based  company is expected to
report  a
8.9% increase in revenue to $49.929 million from $45.87 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for UMH Properties Inc
is for
a loss of 4 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"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 $15.57. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  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. 31 2022  0.20        0.20       0.17      Missed  -15.6
 ​​Dec.        0.23        0.23       0.20      Missed  -11.4
 31 2021                                                
 Sep. 30 2021  0.22        0.22       0.23      Beat    6.2​
 Jun. 30 2021  0.21        0.21       0.22      Beat    4.8
 Mar. 31 2021  0.21        0.21       0.20      Missed  -3.8
 This summary was machine generated May 6 at 02:06 GMT.  All
figures in US dollars  unless otherwise stated