UMH Properties (UMH) Misses Q1 EPS by 1c

Go back to UMH Properties (UMH) Misses Q1 EPS by 1c

UMH Properties, Inc. Reports 1st Quarter 2017 Earnings

May 9, 2017 4:15 PM EDT

FREEHOLD, N.J., May 9, 2017 /PRNewswire/ -- UMH Properties, Inc. (NYSE: UMH) reported Total Income of $26,449,000 for the quarter ended March 31, 2017 as compared to $23,504,000 for the quarter ended March 31, 2016, representing an increase of 13%.  Net Loss Attributable to Common Shareholders amounted to $1,504,000 or $0.05 per diluted share for the quarter ended March 31, 2017 as compared to $883,000 or $0.03 per diluted share for the quarter ended March 31, 2016.

Core Funds from Operations ("Core FFO") 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... More