American Campus Communities (ACC) Misses Q4 FFO by 1c
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American Campus Communities, Inc. Reports Fourth Quarter and Year End 2018 Financial Results
February 19, 2019 4:15 PM ESTAchieves 14th 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, 2018.
Highlights
Fourth Quarter 2018
Reported net income attributable to ACC of $47.5 million or $0.34 per fully diluted share, versus $39.1 million or $0.28 per fully diluted share in the fourth quarter 2017. Increased FFOM to $100.2 million or $0.72 per fully diluted share, versus... More