Mid-America Apartment (MAA) reported Q3 EPS of $1.05, $0.06 worse than the analyst estimate of $1.11. Revenue for the quarter came in at $520.8 million versus the consensus estimate of $507.97 million.
- Core FFO per Share - dilute $2.19
GUIDANCE:
Mid-America Apartment sees FY2022 EPS of $5.59-$5.75, versus the consensus of $5.05.
- MAA expects Core FFO for the fourth quarter of 2022 to be in the range of $2.19 to $2.35 per Share, or $2.27 per Share at the midpoint.