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

UMH Properties

05/05/2022 20:06

* UMH Properties Inc  UMH.N  reported a quarterly adjusted
loss
of 9 cents​​ per share for the quarter ended in March. The mean
expectation of seven analysts for the quarter was for a loss
of 3 cents per share.
    * Revenue rose 18.5% to $45.87 million from a year ago; 
analysts
expected $45.46 million. 
    * UMH Properties Inc's reported EPS for the quarter was a
loss
of 9 cents​.
    * The mean earnings estimate of analysts had fallen by
about 9% 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 fallen by 6.3% this
quarter and
lost 15.7% so far this year.
    * The company reported a quarterly loss of $4.33 million.
    * Wall Street's median 12-month price target for UMH
Properties
Inc is $27.75 
    * 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 May 5 at 07:06 p.m.  ​All
figures in US dollars unless otherwise stated