Preferred Apartment Communities (APTS) Tops Q1 EPS by 104c

Preferred Apartment Communities (NYSE: APTS) reported Q1 EPS of $0.54, $1.04 better than the analyst estimate of ($0.50), may not compare. Revenue for the quarter came in at $66.6 million versus the consensus estimate of $64.41 million.

GUIDANCE:

Preferred Apartment Communities sees FY2017 Core EPS of $1.40-$1.48. Preferred Apartment Communities sees FY2017 revenue of $285-315 million.

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

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