Friday, Sun Communities Inc. (SUI) said its third-quarter funds from operations or FFO increased to $12.48 million or $0.60 per share from $11.32 million or $0.55 per share in the prior year period.
Adjusted funds from operations for the quarter rose to $14.12 million or $0.68 per share from $12.82 million or $0.62 in the year-ago period. On average, 3 analysts polled by Thomson Reuters expected the company to report earnings of $0.68 per share for the quarter.
Net loss attributable to the company for the quarter narrowed to $2.03 million or $0.11 per share from $5.49 million or $0.30 per share in the previous year. Adjusted net loss for the quarter narrowed to $0.92 million from $3.26 million in the earlier period.
Total revenue for the quarter grew to $63.39 million from $61.25 million in the comparable period. Two analysts estimated revenues of $53.94 million for the quarter.
For comments and feedback contact: editorial@rttnews.com
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.