Sun Communities Inc. Q3 Profit Advances 35%

(RTTNews) - Sun Communities Inc. (SUI) released earnings for its third quarter that gained ground from last year.

The company said its bottom line came in at $83.18 million, or $1.13 per share. This was up from $61.48 million, or $1.05 per share, in last year's third quarter.

The company said revenue for the quarter rose 34.7% to $249.70 million. This was up from $185.36 million last year.

Sun Communities Inc. earnings at a glance:

-Earnings (Q3): $83.18 Mln. vs. $61.48 Mln. last year. -Earnings Growth (Y-o-Y): 35.3% -EPS (Q3): $1.13 vs. $1.05 last year. -EPS Growth (Y-o-Y): 7.6% -Revenue (Q3): $249.70 Mln vs. $185.36 Mln last year. -Revenue Change (Y-o-Y): 34.7%

-Guidance: Next quarter EPS guidance: $0.89 - $0.91