Sun Communities, Inc. Reports 2018 Fourth Quarter Results and 2019 Guidance
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Sun Communities (SUI) Misses Q4 EPS by 12c, Revenues Beat; Offers Q1 & FY19 EPS Guidance
February 20, 2019 4:28 PM ESTSun Communities (NYSE: SUI) reported Q4 EPS of $0.11, $0.12 worse than the analyst estimate of $0.23. Revenue for the quarter came in at $274 million versus the consensus estimate of $183.5 million.
Core Funds from Operations (Core FFO)(1) for the quarter ended December 31, 2018, was $1.03 per diluted share and OP unit (Share) as compared to $0.98 in the prior year, an increase of 5.1 percent. Core FFO(1) for the year ended December 31, 2018, was $4.58 per Share as compared to... More