UMH Properties Inc reports results for the quarter ended March 31 - Earnings Summary

• UMH Properties Inc UMH.N reported quarterly breakeven results​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -9 cents. The mean expectation of five analysts for the quarter was for earnings of 4 cents per share. Wall Street expected results to range from 3 cents to 5 cents per share.

• Revenue rose 6.1% to $61.23 million from a year ago; analysts expected $62.33 million.

• UMH Properties Inc's reported EPS for the quarter was breakeven results​.

• The company reported a quarterly loss of $271 thousand.

• UMH Properties Inc shares had fallen by 5.5% this quarter and lost 6.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 3.6% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• 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 average consensus recommendation for the residential reits peer group is also "buy"

• Wall Street's median 12-month price target for UMH Properties Inc is $21.75

This summary was machine generated from LSEG data May 2 at 03:58 a.m. UTC. ​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)