Preferred Apartment Communities (APTS) Misses Q4 EPS by 15c; FFO Report at $0.24/Share

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Preferred Apartment Communities, Inc. Reports Results for Fourth Quarter 2016

February 27, 2017 4:31 PM EST

ATLANTA, Feb. 27, 2017 /PRNewswire/ -- Preferred Apartment Communities, Inc. (NYSE: APTS) ("we", "our", the "Company" or "Preferred Apartment Communities") today reported results for the quarter and year ended December 31, 2016. Unless otherwise indicated, all per share results are reported based on the basic weighted average shares of Common Stock and Class A Units of the Company's operating partnership ("Class A Units") outstanding.

"The company had a superb year, with all areas of our business performing extremely... More