Sun Communities, Inc. Reports 2016 First Quarter Results

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Sun Communities (SUI) Tops Q1 FFO by 1c

April 26, 2016 6:20 AM EDT

Sun Communities (NYSE: SUI) reported Q1 FFO of $0.90, $0.01 better than the analyst estimate of $0.89. Revenue for the quarter came in at $129.24 million versus the consensus estimate of $124.36 million.

Same community Net Operating Income ("NOI")(2) increased by 6.4 percent as compared to the three months ended March 31,... More