UMH Properties (UMH) Tops Q3 EPS by 20c

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UMH PROPERTIES, INC. REPORTS RESULTS FOR THE THIRD QUARTER ENDED SEPTEMBER 30, 2019

November 7, 2019 4:30 PM EST

FREEHOLD, NJ, Nov. 07, 2019 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE: UMH) reported Total Income for the quarter ended September 30, 2019 of $37,329,000 as compared to $33,447,000 for the quarter ended September 30, 2018, representing an increase of 12%. Net Income Attributable to Common Shareholders amounted to $5,622,000 or $0.14 per diluted share for the quarter ended September 30, 2019 as compared to Net Loss of $11,473,000 or $0.31 per diluted share for the quarter ended September 30, 2018.

Funds from Operations Attributable to Common Shareholders (FFO), was $5,805,000 or $0.14 per diluted share for the quarter ended September 30, 2019 as compared to $7,094,000 or $0.19 per diluted share for the quarter... More