UMH Properties (UMH) Q2 FFO and Revenues Surpass Estimates

UMH Properties (UMH) came out with quarterly funds from operations (FFO) of $0.23 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to FFO of $0.21 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of 4.55%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.22 per share when it actually produced FFO of $0.22, delivering no surprise. Over the last four quarters, th ...