UMH Properties Inc expected to post earnings of 21 cents a share - Earnings Preview

UMH Properties

03/08/2021 02:22

* UMH Properties Inc  UMH.N   UMH  is expected to show a rise in
quarterly revenue when it reports results on August 4. 
* The Freehold, New Jersey-based company is expected to report 
 a 17.0% increase in revenue to $40.998 million from $35.05
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for UMH Properties Inc is
for earnings of 3 cents per share. For the same quarter last
year, the company reported earnings of 25 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"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 $25​, about 8.1% above​ its last closing price
of $22.98. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.21        0.21       0.20      Missed  -3.8
 Dec. 31 2020  0.19        0.17       0.20      Beat    21.2
 Sep. 30 2020  0.17        0.17       0.11      Missed  -34.5​
 Jun. 30 2020  0.15        0.15       0.17      Beat    11.8
 Mar.          0.16​       0.16       0.15      Missed  -6.2​
 31​ 2020​                                              
 Dec. 31 2019  0.17        0.17       0.17      Met     1.2​
 Sep. 30 2019  0.17        0.17       0.14      Missed  -19.5
 Jun. 30 2019  0.17        0.17       0.14      Missed  -19.5
 This summary was machine generated August 3 at 01:22 GMT.  All
figures in US dollars unless otherwise stated