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

UMH Properties

04/11/2024 22:15

* UMH Properties Inc  UMH.N   UMH  is expected to show a
rise in
quarterly revenue when it reports  results on November 6 for the
period ending September 30 2024
    * The Freehold New Jersey-based  company is expected to
report a
4.9% increase in revenue to $58.816 million from $56.04 million
a year ago, according to the mean estimate from 6 analysts,
based on LSEG data. (SAL represents Total revenue.)
    * ​LSEG's mean analyst estimate for UMH Properties Inc is
for
earnings of 2 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "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 $21.25​, above​ its last closing price of $18.40. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.23        0.23       0.23      Met     0.6
 Mar. 31 2024  0.22        0.23       0.22      Missed  -2.9
 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.        0.21        0.22       0.21      Missed  -3.3
 30 2023                                                
 Mar. 31 2023  0.21        0.21       0.18      Missed  -14.3​
 Dec. 31 2022  0.22        0.23       0.20      Missed  -11.1
 Jan. 1 0001   0.22        0.22       0.21      Missed  -5.8
 This summary was machine generated November 4 at 22:15 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)