Aimco Reports First Quarter Results
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Aimco (AIV) Tops Q1 EPS
May 2, 2019 4:41 PM EDTAimco (NYSE: AIV) reported Q1 EPS of $1.88, which may not compare to the the analyst estimate of $0.06. FFO was $0.61 and AFFO was $0.55.
Chairman and Chief Executive Officer Terry Considine comments: Aimco has started 2019 with solid results, the product of an intentional strategy to create Net Asset Value per share. In our Same Store portfolio, we maintained 97.0% occupancy for the entire quarter, increased net operating income by 5.5%, and posted peer-leading net operating income margins of 73.2%. In Redevelopment, we... More
