Sun Communities, Inc. Reports 2019 Third Quarter Results

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Sun Communities (SUI) Misses Q3 EPS by 5c, Revenues Beat

October 23, 2019 4:51 PM EDT

Sun Communities (NYSE: SUI) reported Q3 EPS of $0.63, $0.05 worse than the analyst estimate of $0.68. Revenue for the quarter came in at $362.44 million versus the consensus estimate of $268.2 million.

Non-GAAP Financial Measures and Portfolio Performance

Core Funds from Operations (Core FFO)(1) for the quarter ended September 30, 2019, was $1.46 per diluted share and OP unit (Share) as compared to $1.35 in... More