American Campus Communities (ACC) Reports In-Line Q4 FFO

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Go back to American Campus Communities (ACC) Reports In-Line Q4 FFO

American Campus Communities, Inc. Reports Fourth Quarter and Year End 2016 Financial Results

February 21, 2017 4:05 PM EST

Achieves 12th consecutive year of same store growth in rental rate, rental revenue and NOI.

AUSTIN, Texas--(BUSINESS WIRE)-- American Campus Communities, Inc. (NYSE: ACC) today announced the following financial results for the quarter and year ended December 31, 2016.

Highlights

Fourth Quarter 2016

Reported net income attributable to ACC of $25.4 million or $0.19 per fully diluted share, versus $28.4 million or $0.25 per fully diluted share in the fourth quarter 2015. Reported quarterly FFOM of $86.9 million or $0.65 per fully diluted share versus $79.1 million or... More