The earnings call reflects a positive sentiment overall, driven by significant debt reduction, strong financial performance, strategic reallocations, and leadership transitions. Despite some challenges in the RV segment and strategic impairments, the company has demonstrated resilience and growth, supported by credit rating upgrades and strategic acquisitions.

Company Guidance -

Q3 2025

During Sun Communities' second quarter 2025 earnings call, the company provided robust guidance and highlighted significant financial achievements. Sun Communities completed the sale of Safe Harbor Marinas, realigning itself as a pure-play owner and operator of manufactured housing and RV communities. The company paid down approximately $3.3 billion of debt, enhancing its balance sheet and returned over $830 million to shareholders through a special cash distribution and share repurchases. The regular annual distribution rate was increased by over 10%. Sun reported core funds from operations (FFO) per share of $1.76, exceeding the high end of guidance, and North American same-property net operating income (NOI) grew by 4.9%. Manufactured housing NOI saw a 7.7% increase, with occupancy rising to 97.6%. In the UK, same-property NOI increased by 10.2%. The full-year guidance for FFO per share was raised to a range of $6.51 to $6.67, an increase of over 90 basis points at the midpoint, driven by strong performance in the manufactured housing and UK segments. The company also received credit rating upgrades, with S&P Global and Moody’s citing deleveraging progress and balance sheet strength as key factors.

Debt Reduction and Shareholder Returns

Sun Communities paid down approximately $3.3 billion of debt, improving its balance sheet, and returned over $830 million to shareholders through a special cash distribution and share repurchases.

Core FFO and NOI Growth

Sun reported core FFO per share of $1.76, exceeding the high end of guidance. Total North American same-property NOI grew 4.9% in the second quarter, with manufactured housing NOI up 7.7% and U.K. portfolio NOI up 10.2%.

Leadership Transition

Charles Young was appointed as the next CEO, bringing over 25 years of experience in real estate, including as President of Invitation Homes.

Credit Rating Upgrades

Sun Communities received credit rating upgrades from S&P Global to BBB+ and Moody’s to Baa2, citing deleveraging progress and balance sheet strength.

U.K. Ground Lease Acquisition

Sun acquired titles to 22 properties in the U.K. previously controlled via ground leases for approximately $199 million, eliminating material lease obligations and creating strategic flexibility.

Sun Communities (SUI) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

SUI Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 22, 2025	2025 (Q3)	1.26 / -	2.31	―	―	―
Jul 30, 2025	2025 (Q2)	0.71 / -1.23	0.42	-392.86% (-1.65)	―
May 05, 2025	2025 (Q1)	-0.05 / -0.34	-0.22	-54.55% (-0.12)	―
Feb 26, 2025	2024 (Q4)	0.10 / -1.77	-0.65	-172.31% (-1.12)
Nov 06, 2024	2024 (Q3)	1.70 / 2.31	1.31	76.34% (+1.00)
Jul 31, 2024	2024 (Q2)	0.62 / 0.42	0.72	-41.67% (-0.30)
Apr 29, 2024	2024 (Q1)	-0.13 / -0.22	-0.24	8.33% (+0.02)
Feb 20, 2024	2023 (Q4)	0.01 / -0.65	0.04	-1725.00% (-0.69)	―
Oct 25, 2023	2023 (Q3)	1.27 / 1.31	1.32	-0.76% (-0.01)	―
Jul 26, 2023	2023 (Q2)	0.79 / 0.72	0.61	18.03% (+0.11)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

SUI Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 30, 2025	$116.60	$124.03	+6.37%
May 05, 2025	$125.17	$119.67	-4.39%
Feb 26, 2025	$127.66	$126.94	-0.56%
Nov 06, 2024	$124.60	$116.52	-6.48%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Sun Communities, Inc. (SUI) report earnings?

Sun Communities, Inc. (SUI) is schdueled to report earning on Oct 22, 2025, After Close (Confirmed).

What is Sun Communities, Inc. (SUI) earnings time?

Sun Communities, Inc. (SUI) earnings time is at Oct 22, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is SUI EPS forecast?

SUI EPS forecast for the fiscal quarter 2025 (Q3) is 1.26.

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