UMH Properties (UMH) Misses Q1 EPS by 3c, Revenues Miss

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Go back to UMH Properties (UMH) Misses Q1 EPS by 3c, Revenues Miss

UMH Properties, Inc. Reports Results For The First Quarter Ended March 31, 2019

May 2, 2019 4:33 PM EDT

FREEHOLD, N.J., May 2, 2019 /PRNewswire/ -- UMH Properties, Inc. (NYSE: UMH) reported Total Income for the quarter ended March 31, 2019 of $34,287,000 as compared to $29,796,000 for the quarter ended March 31, 2018, representing an increase of 15%.  Net Income Attributable to Common Shareholders amounted to $5,914,000 or $0.15 per diluted share for the quarter ended March 31, 2019 as compared to a Net Loss of $27,155,000 or $0.76 per diluted share for the quarter ended March 31, 2018. 

Core Funds from Operations Attributable to Common Shareholders ("Core FFO"), was $6,091,000 or $0.16 per diluted share for the quarter ended March 31, 2019 as compared to $6,355,000 or $0.18 per diluted... More