American Campus Communities, Inc. Reports First Quarter 2017 Financial Results
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American Campus Communities (ACC) Misses Q1 EPS by 2c
April 24, 2017 4:07 PM EDTAmerican Campus Communities (NYSE: ACC) reported Q1 EPS of $0.25, $0.02 worse than the analyst estimate of $0.27. Revenue for the quarter came in at $192.9 million versus the consensus estimate of $181.07 million.
Reported net income attributable to ACC of $34.1 million or $0.25 per fully diluted share, versus $45.6 million or $0.36 per fully diluted share in the first quarter 2016. The first quarter of 2016 included a $17.4 million gain from the disposition of real estate, while there was no corresponding gain in the current quarter.Reported... More