American Campus Communities (ACC) Tops Q1 EPS by 2c, Reaffirms Outlook

American Campus Communities (NYSE: ACC) reported Q1 EPS of $0.68, $0.02 better than the analyst estimate of $0.66. Revenue for the quarter came in at $192.5 million versus the consensus estimate of $184.45 million.

2015 Outlook

The company is maintaining its previously stated guidance range for the fiscal year 2015, anticipating that FFO will be in the range of $2.33 to $2.45 per fully diluted share and FFOM, excluding the impact of transaction costs, will be in the range of $2.30 to $2.42 per fully diluted share. All guidance is based on the current expectations and judgment of the company’s management team.

For earnings history and earnings-related data on American Campus Communities (ACC) click here.

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