UMH Properties Inc reports results for the quarter ended in December - Earnings Summary

UMH Properties

28/02/2023 23:30

* UMH Properties Inc  UMH.N  reported quarterly adjusted
earnings
of 1 cent​​ per share for the quarter ended in December. The
mean expectation of six analysts for the quarter was for a loss
of one cent per share.
    * Revenue rose 6% to $48.75 million from a year ago;
analysts
expected $51.68 million. 
    * UMH Properties Inc's reported EPS for the quarter was 1
cent​.
    * The mean earnings estimate of analysts had risen by
about 0.3%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * UMH Properties Inc shares had risen by 6.0% this quarter.
    * The company reported quarterly net income of $283
thousand.
    * Wall Street's median 12-month price target for UMH
Properties
Inc is $21.00 
    * 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." 

This summary was machine generated from Refinitiv data February
28 at 11:30 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.23           0.20           Missed
 Sep. 30 2022      0.22           0.21           Missed
 Jun. 30 2022      0.19           0.16           Missed
 Mar. 31 2022      0.20           0.17           Missed