Q2 2024 Earnings Highlights for Sun Communities Inc. (SUI)
Saturday, 3 August 2024, 14:52
Q2 2024 Earnings Overview
Sun Communities Inc. (NYSE:SUI) has posted its earnings report for the second quarter of 2024, revealing several key financial metrics that investors need to note.
Performance Metrics
- Core FFO per share: $1.86, matching the company's guidance.
- Same-property NOI growth in North America: 3.6%.
- Same-property NOI growth in the UK: 9.3%.
Conclusion
The results indicate that Sun Communities remains a strong player in the manufactured housing market, with consistent growth not only in North America but also a robust performance in the UK. Investors can look forward to the company’s continued positive trajectory as it capitalizes on various market opportunities.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.