Sun Communities Q3 Net Income Rises to $121 Million From $8.5 Million

Sun Communities reported third-quarter revenue of $558.2 million, up slightly from a year earlier, while net income rose to $120.7 million from $8.5 million. One report gave earnings of $1.00 per share; another reported $1.07 per share, below the analyst consensus of $1.19, and revenue also fell short of expectations. The company disclosed its quarterly results in an October 26 filing and scheduled an investor call for the following day.