Mid-America Apartment (MAA) Q3 Revenue Tops Consensus

Mid-America Apartment (NYSE: 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.

For earnings history and earnings-related data on Mid-America Apartment (MAA) click here.

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