UMH Properties (UMH) Tops Q2 EPS by 43c

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UMH Properties, Inc. Reports Results For The Second Quarter Ended June 30, 2018

August 7, 2018 4:30 PM EDT

FREEHOLD, N.J., Aug. 7, 2018 /PRNewswire/ -- UMH Properties, Inc. (NYSE: UMH) reported Total Income for the quarter ended June 30, 2018 of $32,099,000 as compared to $28,818,000 for the quarter ended June 30, 2017, representing an increase of 11%.  Net Income Attributable to Common Shareholders amounted to $14,949,000 or $0.40 per diluted share for the quarter ended June 30, 2018 as compared to a net loss of $200,000 or $0.01 per diluted share for the quarter ended June 30, 2017. 

Core Funds from Operations ("Core FFO"), was $6,154,000 or $0.16 per diluted share for the quarter ended June 30, 2018 as compared to $6,527,000 or $0.20 per diluted share for the... More