Sun Communities (SUI) Misses Q4 EPS by 12c, Revenues Beat; Offers Q1 & FY19 EPS Guidance

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Sun Communities, Inc. Reports 2018 Fourth Quarter Results and 2019 Guidance

February 20, 2019 4:19 PM EST

NEWS RELEASE

February 20, 2019

Southfield, MI, Feb. 20, 2019 (GLOBE NEWSWIRE) --  Sun Communities, Inc. (NYSE: SUI) (the Company), a real estate investment trust (REIT) that owns and operates, or has an interest in, manufactured housing (MH) and recreational vehicle (RV) communities, today reported its fourth quarter results for 2018 and initial 2019 guidance.

Financial Results for the Quarter and Year Ended December 31, 2018

For the quarter ended December 31, 2018, total revenues increased $32.0 million, or 13.2 percent, to $274.0 million compared to $242.0 million for the same period... More