UMH Properties (UMH) Reports In-Line Q3 FFO

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UMH Properties, Inc. Reports 3rd Quarter 2016 Earnings

November 8, 2016 4:57 PM EST

FREEHOLD, N.J., Nov. 8, 2016 /PRNewswire/ -- UMH Properties, Inc. (NYSE: UMH) reported Total Income of $25,355,000 for the quarter ended September 30, 2016 as compared to $21,695,000 for the quarter ended September 30, 2015, representing an increase of 17%.  Net Loss Attributable to Common Shareholders amounted to $590,000 or $0.02 per diluted share for the quarter ended September 30, 2016 as compared to $842,000 or $0.03 per diluted share for the quarter ended September 30, 2015, representing an improvement of 33%.

Core Funds from Operations ("Core FFO") was $5,350,000 or $0.19 per diluted share for the quarter ended September 30, 2016 as compared to $4,096,000 or $0.15 per diluted share for the... More