Preferred Apartment Communities (APTS) Misses Q1 FFO by 1c

Preferred Apartment Communities (NYSE: APTS) reported Q1 EPS of $0.30, $0.01 worse than the analyst estimate of $0.31. Revenue for the quarter came in at $41.7 million versus the consensus estimate of $39.46 million.

GUIDANCE:

Preferred Apartment Communities sees FY2016 EPS of $1.24-$1.32, versus the consensus of $1.22.

For earnings history and earnings-related data on Preferred Apartment Communities (APTS) click here.

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