UMH Properties (UMH) Misses Q3 EPS by 11c

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UMH Properties, Inc. Reports 3rd Quarter 2017 Earnings

November 2, 2017 4:10 PM EDT

FREEHOLD, N.J., Nov. 2, 2017 /PRNewswire/ -- UMH Properties, Inc. (NYSE: UMH) reported Total Income of $28,685,000 for the quarter ended September 30, 2017 as compared to $25,355,000 for the quarter ended September 30, 2016, representing an increase of 13%.  Net Loss Attributable to Common Shareholders amounted to $5,179,000 or $0.15 per diluted share for the quarter ended September 30, 2017 as compared to $590,000 or $0.02 per diluted share for the quarter ended September 30, 2016.

Core Funds from Operations ("Core FFO") was $5,322,000 or $0.15 per diluted share for the quarter ended September 30, 2017, as compared to $5,350,000 or $0.19 per diluted share for the quarter ended September 30, 2016, representing a decrease of... More