MAA Reports Fourth Quarter And Year End Results

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Mid-America Apartment (MAA) Tops Q4 EPS by 71c; Provides FY20 EPS Outlook

January 29, 2020 4:24 PM EST

Mid-America Apartment (NYSE: MAA) reported Q4 EPS of $1.30, $0.71 better than the analyst estimate of $0.59. Revenue for the quarter came in at $416.82 million versus the consensus estimate of $417 million.

GUIDANCE:

Mid-America Apartment sees FY2020 EPS of $3.02-$3.26, versus the consensus of $2.45.

2020 Net Income per Diluted Common Share and Core FFO and Core AFFO per Share Guidance

MAA is providing initial 2020 guidance for Net income per diluted common share, as well as Core FFO per Share, and Core AFFO per Share. FFO, Core FFO and Core AFFO are non-GAAP measures. Acquisition... More