American Campus Communities, Inc. Reports First Quarter 2016 Financial Results

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American Campus Communities (ACC) Misses Q1 FFO by 1c, Affirms FY Guidance

April 25, 2016 4:05 PM EDT

American Campus Communities (NYSE: ACC) reported Q1 FFO of $0.62, $0.01 worse than the analyst estimate of $0.63. Revenue for the quarter came in at $200 million versus the consensus estimate of $188.45 million.

2016 Outlook

The company is maintaining its previously stated guidance range for the fiscal... More