Upcoming Earnings Release for Sun Communities, Inc.
Sun Communities, Inc. (NYSE: SUI), a prominent real estate investment trust (REIT), is gearing up to announce its third quarter 2024 operating results. The release is set to occur post-market on a Wednesday in early November, signaling a key moment for investors and analysts alike.
Conference Call Details
The Company will conduct a conference call to delve into these earnings. Scheduled for the same day as the earnings release, individuals interested in understanding the company's performance can join this call at 5:00 PM ET. It's recommended to dial in at least five minutes beforehand to ensure a smooth experience for all participants.
To connect to the call, participants can use the following numbers: the U.S. and Canada can dial (800) 245-3047, while international callers can reach out at (203) 518-9765. Remember to reference Conference ID “SUIQ3” to ensure proper identification when joining the discussion.
Insights on Sun Communities, Inc.
Sun Communities, Inc. has established itself as a leader in the manufacturing housing and recreational vehicle sectors. As of mid-2024, the company boasts an impressive portfolio of 666 developed properties, which encompass 181,760 developed sites as well as 48,140 wet slips and dry storage spaces across the United States, Canada, and the United Kingdom. This expansive reach underscores the Company’s commitment to creating high-quality living spaces.
Understanding Sun Communities’ Business Model
The business model of Sun Communities integrates the ownership and management of manufactured housing communities along with recreational vehicle parks and marinas. This model not only helps in generating sustainable revenue streams but also supports community development and enhances the quality of life for residents and visitors alike.
As a REIT, Sun Communities enjoys certain tax advantages by distributing at least 90% of its taxable income to shareholders. This makes the company appealing to investors seeking consistent returns, especially in a competitive market where many enterprises might struggle for profitability.
Engagement Opportunities
For those who wish to engage more with Sun Communities or learn about potential investment opportunities, a hotline is available. Investors can reach the financial department for queries at (248) 208-2500. Moreover, the company’s web presence is valuable for additional insights and updates regarding their operations, investments, and overall performance.
Conference Call Replay Options
If participants miss the live conference call, they can still access the replay for a limited period. The U.S. and Canadian audience can call (844) 512-2921, while international listeners can reach out at (412) 317-6671. The passcode for replay access is 11157495, and replays will be available until late November, allowing stakeholders ample opportunity to stay informed.
Frequently Asked Questions
What is Sun Communities, Inc. known for?
Sun Communities, Inc. is a real estate investment trust that specializes in owning and managing manufactured housing and recreational vehicle communities.
When will the Q3 2024 earnings release take place?
The earnings release is scheduled for November 6, 2024, after market close.
How can I participate in the earnings call?
Dial in at least five minutes before the 5:00 PM ET start time using (800) 245-3047 for the U.S. and Canada, or (203) 518-9765 for international calls.
What is the significance of the Conference ID?
The Conference ID “SUIQ3” is essential for identifying participants during the call for personalized access.
How can I find more information about Sun Communities?
Further details can be obtained by visiting the company’s website or by contacting their financial department directly.
