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Sun Communities beats FFO guidance with $1.84/share despite $8.08 loss per share from discontinued ops.

Company Fundamentals
27 Jul 2026
Rayan Ahmad
View Source
Neutral
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Sun Communities reported a strong Core Funds from Operations (FFO) of $1.84 per share for Q2 2026, surpassing its guidance range of $1.71 to $1.79. However, the company posted a net loss of $8.08 per diluted share, mainly due to losses from discontinued operations rather than its ongoing property portfolio. Revenue from continuing operations was $407.5 million. The company is also in the process of selling its UK platform for about $1.03 billion, expected to close in the second half of 2026. This strong FFO performance highlights the resilience of its core business despite accounting losses.

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