UMH Properties (UMH) Misses Q3 EPS by 23c

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Go back to UMH Properties (UMH) Misses Q3 EPS by 23c

UMH PROPERTIES, INC. REPORTS RESULTS FOR THE THIRD QUARTER ENDED SEPTEMBER 30, 2020

November 4, 2020 4:30 PM EST

FREEHOLD, NJ, Nov. 04, 2020 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE: UMH) reported Total Income for the quarter ended September 30, 2020 of $43.1 million as compared to $37.3 million for the quarter ended September 30, 2019, representing an increase of 16%. Net Loss Attributable to Common Shareholders amounted to $12.8 million or $0.31 per diluted share for the quarter ended September 30, 2020 as compared to Net Income of $5.6 million or $0.14 per diluted share for the quarter ended September 30, 2019. This decrease was due to the change in fair value of our marketable securities. During the quarter, the securities portfolio... More