For the quarter ended September 2024, UMH Properties (UMH) reported income of $60.67 million, up 8.3% over the identical interval final yr. EPS got here in at $0.24, in comparison with -$0.09 within the year-ago quarter.
The reported income compares to the Zacks Consensus Estimate of $61.57 million, representing a shock of -1.46%. The corporate has not delivered EPS shock, with the consensus EPS estimate being $0.24.
Whereas buyers scrutinize income and earnings modifications year-over-year and the way they examine with Wall Avenue expectations to find out their subsequent transfer, some key metrics all the time supply a extra correct image of an organization’s monetary well being.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps buyers challenge a inventory’s worth efficiency extra precisely.
Right here is how UMH carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Avenue analysts:
- Earnings- Gross sales of Manufactured Houses: $8.73 million in comparison with the $8.93 million common estimate primarily based on two analysts. The reported quantity represents a change of +10.4% yr over yr.
- Earnings- Rental and Associated Earnings: $51.94 million versus $52.64 million estimated by two analysts on common. In comparison with the year-ago quarter, this quantity represents a +7.9% change.
- Internet Earnings Per Share- Diluted: $0.11 versus $0.02 estimated by three analysts on common.
View all Key Company Metrics for UMH here>>>
Shares of UMH have returned +0.2% over the previous month versus the Zacks S&P 500 composite’s +0.7% change. The inventory at the moment has a Zacks Rank #4 (Promote), indicating that it may underperform the broader market within the close to time period.
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UMH Properties, Inc. (UMH) : Free Stock Analysis Report
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