Sun Communities Inc expected to post earnings of 10 cents a share - Earnings Preview

Reuters
02-24
  • Sun Communities Inc SUI.N, SUI is expected to show a fall in quarterly revenue when it reports results on February 26 for the period ending December 31 2024

  • The Southfield Michigan-based company is expected to report a 0.6% decrease in revenue to $722.179 million from $726.7 million a year ago, according to the mean estimate from 6 analysts, based on LSEG data. (SAL Represents Total Revenue)

  • ​LSEG's mean analyst estimate for Sun Communities Inc is for earnings of 10 cents per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 6 "hold" and 1 "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for Sun Communities Inc is $132.00​, below​ its last closing price of $134.25. ​​​

The company's guidance on November 6 2024 for the period ended December 31 was for Funds Flow from Operations between USD1.37 and USD1.45.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

2.51

2.51

2.34

Missed

-6.8

Jun. 30 2024

1.88

1.88

1.86

Missed

-1.1

Mar. 31 2024

1.17

1.17

1.19

Beat

1.9​

Dec. 31 2023

1.32

1.32

1.34

Beat

1.6

​​Sep. 30 2023

2.47

2.48

2.57

Beat

3.5

Jun. 30 2023

1.94

1.95

1.96

Beat

0.7​

Mar. 31 2023

1.19

1.18

1.23

Beat

4.1

Dec. 31 2022

1.26

1.26

1.33

Beat

5.4

This summary was machine generated February 24 at 22:06 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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