UMH Properties (UMH) Misses Q2 EPS by 38c

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UMH PROPERTIES, INC. REPORTS RESULTS FOR THE SECOND QUARTER ENDED JUNE 30, 2022

August 3, 2022 4:30 PM EDT

FREEHOLD, NJ, Aug. 03, 2022 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE: UMH) reported Total Income for the quarter ended June 30, 2022 of $49.2 million as compared to $49.0 million for the quarter ended June 30, 2021, representing an increase of 7%. Net Loss Attributable to Common Shareholders amounted to $22.5 million or $0.41 per diluted share for the quarter ended June 30, 2022 as compared to Net Income of $8.4 million or $0.18 per diluted share for the quarter ended June 30, 2021. Normalized Funds from Operations Attributable to Common Shareholders (Normalized FFO), was $8.7 million or $0.16 per diluted share for the quarter ended June 30, 2022, as... More