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Mid-America Apartment Communities (MAA) Reports In-Line Q2 FFO; Boosts FY11 FFO Outlook

August 5, 2011 6:53 AM EDT
Mid-America Apartment Communities (NYSE: MAA) reported Q2 FFO of $1.00, in-line with the analyst estimate of $1.00. Revenue for the quarter came in at $110.23 million versus the consensus estimate of $108.26 million.

Mid-America Apartment Communities sees FY2011 FFO of $3.92-$4.12, versus prior guidance of $3.90-$4.10 and the consensus of $4.05.

Mid-America Apartment Communities sees Q3 2011 FFO of $0.95-$1.05, versus the consensus of $1.01.


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