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

UMH Properties

10/05/2023 01:16

* 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 six analysts for the quarter was for a loss of 4
cents per share.
    * Revenue rose 14.7% to $52.61 million from a year ago;
analysts
expected $49.93 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 6.7%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * UMH Properties Inc shares had risen by 4.9% this
quarter and
lost 3.7% so far this year.
    * The company reported a quarterly loss of $5.3 million.
    * Wall Street's median 12-month price target for UMH
Properties
Inc is $19.50 
    * 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 LSEG Refinitiv data May
10 at 12:16 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.21           0.18           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