American Campus Communities (ACC) Misses Q1 EPS by 1c, Revenues Beat; Provides FY19 Fiscal Outlook
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American Campus Communities, Inc. Reports First Quarter 2019 Financial Results
April 22, 2019 4:20 PM EDTQuarter highlighted by strong same store NOI and FFOM per share growth
AUSTIN, Texas--(BUSINESS WIRE)-- American Campus Communities, Inc. (NYSE: ACC) today announced the following financial results for the quarter ended March 31, 2019.
Highlights
Reported net income attributable to ACC of $29.6 million or $0.21 per fully diluted share, versus $25.9 million or $0.18 per fully diluted share in the first quarter 2018. Increased FFOM to $95.3 million or $0.69 per fully diluted share versus $86.4 million or $0.62 per fully diluted share in the first quarter prior year, an... More