UMH Properties (NYSE: UMH) reported Q1 EPS of ($0.05), $0.01 worse than the analyst estimate of ($0.04).

Core Funds from Operations was $5,061,000 or $0.17 per diluted share for the quarter ended March 31, 2017, as compared to $4,620,000 or $0.17 per diluted share for the quarter ended March 31, 2016. Normalized Funds from Operations was $5,029,000 or $0.17 per diluted share for the quarter ended March 31, 2017, as compared to $4,388,000 or $0.16 per diluted share for the quarter ended March 31, 2016, representing an increase in Normalized FFO per diluted share of 6.3%.

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