Q2 2021 Sun Communities Inc Earnings Call Transcript
Greetings. Thank you for joining us today for Sun Communities Second Quarter 2021 Earnings Conference Call. (Operator Instructions) Please note this conference is being recorded.
I would now like to turn the conference over to your host, Gary Shiffman, Chairman and Chief Executive Officer. Thank you. You may begin.
Good morning, and thank you for joining us as we discuss our second quarter 2021 results. We are pleased with the continued outstanding performance of all our business segments. In the second quarter, we delivered 61% growth in core FFO per share to $1.80 as compared to the second quarter of 2020, exceeding the high end of our guidance of $1.63 as our ongoing momentum accelerated beyond our forecasted expectations.
Comparing to a non-COVID impact quarter, our second quarter FFO per share was 53% greater than the second quarter of 2019. This outperformance, along with a positive outlook for the third and fourth quarters, once again, led us to raise our core 2021 FFO
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