American Campus Communities (ACC) Reports Q2 FFO of $0.42

American Campus Communities (NYSE: ACC) reported Q2 FFO of $0.42, versus $0.37 reported last year. Revenue for the quarter came in at $208.5 million versus the consensus estimate of $188.58 million.

Guidance:

• Based upon these factors, management anticipates that fiscal year 2021 FFO will be in the range of $1.95 to $2.09 per fully diluted share and FFOM will be in the range of $1.93 to $2.07 per fully diluted share. Additionally, management anticipates that third quarter 2021 FFO will be in the range of $0.32 to $0.36 per fully diluted share and FFOM will be in the range of $0.33 to $0.37 per fully diluted share.

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

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